1. LawStack
  2. Title 12 - BANKS AND BANKING
  3. Chapter 45 - PAYMENT SYSTEM RISK REDUCTION
  4. Subchapter I - BILATERAL AND CLEARING ORGANIZATION NETTING
  5. 12 USC § 4406
12 USC § 4406
Relationship to other payments systems
October 30, 2020
USC

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.
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§ 4405 Preemption
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§ 4406a Treatment of contracts with uninsured national banks, uninsured Federal branches and agencies, certain uninsured State member banks, and Edge Act corporations

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