2015 US Code
Title 12 - Banks and Banking (Sections 1 - 5710)
Chapter 50 - Check Truncation (Sections 5001 - 5018)
Sec. 5008 - Delays in an emergency
Publication Title | United States Code, 2012 Edition, Supplement 3, Title 12 - BANKS AND BANKING |
Category | Bills and Statutes |
Collection | United States Code |
SuDoc Class Number | Y 1.2/5: |
Contained Within | Title 12 - BANKS AND BANKING CHAPTER 50 - CHECK TRUNCATION Sec. 5008 - Delays in an emergency |
Contains | section 5008 |
Date | 2015 |
Laws In Effect As Of Date | January 3, 2016 |
Positive Law | No |
Disposition | standard |
Source Credit | Pub. L. 108-100, §9, Oct. 28, 2003, 117 Stat. 1188. |
Statutes at Large References | 117 Stat. 1188, 1177 |
Public and Private Laws | Public Law 108-100 |
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A delay by a bank beyond the time limits prescribed or permitted by this chapter shall be excused if the delay is caused by interruption of communication or computer facilities, suspension of payments by another bank, war, emergency conditions, failure of equipment, or other circumstances beyond the control of a bank and if the bank uses such diligence as the circumstances require.
(Pub. L. 108–100, §9, Oct. 28, 2003, 117 Stat. 1188.)
REFERENCES IN TEXTThis chapter, referred to in text, was in the original "this Act", meaning Pub. L. 108–100, Oct. 28, 2003, 117 Stat. 1177, which is classified generally to this chapter. For complete classification of this Act to the Code, see Short Title note set out under section 5001 of this title and Tables.
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