Statute · United States Code
12 U.S.C. § 4406 — Relationship to other payments systems
12 U.S.C. § 4406
- Type
- Statute
- Source
- United States Code
- Jurisdiction
- Federal
- Date
- 2025-01-06
- Topic
- bankruptcy
This chapter shall have no effect by implication or otherwise on the validity or legal enforceability of a netting arrangement of any payment system which is not subject to this chapter.
Citator
12 U.S.C. § 4406 — Relationship to other payments systems is in force in the current edition of the Code, and nothing recorded condemns it.
This chapter shall have no effect by implication or otherwise on the validity or legal enforceability of a netting arrangement of any payment system which is not subject to this chapter.