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the U.S. Code
2001 U.S. Code
Title 12 - BANKS AND BANKING
CHAPTER 45 - PAYMENT SYSTEM RISK REDUCTION
SUBCHAPTER I - BILATERAL AND CLEARING ORGANIZATION NETTING
Sec. 4406 - Relationship to other payments systems
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§4406. Relationship to other payments systems
§4406. Relationship to other payments systems
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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