2016 US Code
Title 12 - Banks and Banking
Chapter 50 - Check Truncation
Sec. 5008 - Delays in an emergency
| 12 U.S.C. § 5008 (2016) |
| §5008. Delays in an emergency |
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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. |
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(Pub. L. 108–100, §9, Oct. 28, 2003, 117 Stat. 1188.) |
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REFERENCES IN TEXT
This 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. EFFECTIVE DATESection effective at the end of the 12-month period beginning on Oct. 28, 2003, see section 20 of Pub. L. 108–100, set out as a note under section 5001 of this title. |
| United States Code, 2012 Edition, Supplement 4, Title 12 - BANKS AND BANKING |
| Bills and Statutes |
| United States Code |
| Y 1.2/5: |
| Title 12 - BANKS AND BANKING CHAPTER 50 - CHECK TRUNCATION Sec. 5008 - Delays in an emergency |
| section 5008 |
| 2016 |
| January 6, 2017 |
| No |
| standard |
| 117 Stat. 1188, 1177 |
| Public Law 108-100 |
