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12 U.S.C. § 4406

U.S. CodeFederal
Relationship to other payments systems
About This Law
/us/usc/t12/s4406
Title
12 — Banks and Banking
Chapter
CH45
Release
119-84
Release Date
2026-04-17

Section Text

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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. (Pub. L. 102–242, title IV, § 406, Dec. 19, 1991, 105 Stat. 2375.)

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