2019 US Code
Title 12 - Banks and Banking
Chapter 11A - Federal Home Loan Mortgage Corporation
Sec. 1459 - Separability

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Citation 12 U.S.C. § 1459 (2019)
Section Name §1459. Separability
Section Text

Notwithstanding any other evidences of the intention of Congress, it is hereby declared to be the controlling intent of Congress that if any provision of this chapter, or the application thereof to any person or circumstances, is held invalid, the remainder of this chapter, or the application of such provision to persons or circumstances other than those as to which it is held invalid, shall not be affected thereby.

Source Credit

(Pub. L. 91–351, title III, §310, July 24, 1970, 84 Stat. 457; Pub. L. 101–73, title VII, §731(l), Aug. 9, 1989, 103 Stat. 435.)

Editorial Notes AMENDMENTS

1989—Pub. L. 101–73 amended section catchline and struck out first sentence which read as follows: "Except as otherwise provided in this chapter, or as otherwise provided by the Corporation or by laws hereafter enacted by the Congress expressly in limitation of provisions of this chapter, the powers and functions of the Corporation and of the Board of Directors shall be exercisable, and the provisions of this chapter shall be applicable and effective, without regard to any other law."

Publication Title United States Code, 2018 Edition, Supplement 1, 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 11A - FEDERAL HOME LOAN MORTGAGE CORPORATION
Sec. 1459 - Separability
Contains section 1459
Date 2019
Laws In Effect As Of Date January 24, 2020
Positive Law No
Disposition standard
Statutes at Large References 84 Stat. 457
103 Stat. 435
Public Law References Public Law 91-351, Public Law 101-73
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