Title 12 — Banks and BankingRelease 119-73
§1459 Separability
Title 12 › Chapter CHAPTER 11A— - FEDERAL HOME LOAN MORTGAGE CORPORATION › § 1459
Summary
Congress's main intent is that if a court finds any part of this chapter invalid for a person or situation, the rest of the chapter still stays in effect. The invalid part does not cancel the other parts or how they apply to others.
Full Legal Text
Title 12, §1459
Banks and Banking — Source: USLM XML via OLRC
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.
Legislative History
Notes & Related Subsidiaries
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.”
Reference
Citations & Metadata
Citation
12 U.S.C. § 1459
Title 12 — Banks and Banking
Last Updated
Apr 6, 2026
Release point: 119-73