Title 12 — Banks and BankingRelease 119-73
§1769 Separability; right to alter, amend, or repeal chapter
Title 12 › Chapter CHAPTER 14— - FEDERAL CREDIT UNIONS › Subchapter SUBCHAPTER I— - GENERAL PROVISIONS › § 1769
Summary
If a part of the chapter is found invalid in one case, the rest still applies elsewhere. The right to change or cancel any part or charter under it is kept.
Full Legal Text
Title 12, §1769
Banks and Banking — Source: USLM XML via OLRC
(a)If any provision of this chapter, or the application thereof to any person or circumstance, is held invalid, the remainder of the chapter, and the application of such provision to other persons or circumstances, shall not be affected thereby.
(b)The right to alter, amend, or repeal this chapter or any part thereof, or any charter issued pursuant to the provisions of this chapter, is expressly reserved.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
Prior Provisions
A prior section 1769, act
June 26, 1934, ch. 750, § 19, 48 Stat. 1222, made available not more than $50,000 of the funds available to the Governor of the Farm Credit Administration, under former section 1404 of this title, for administrative expenses in administering this chapter, prior to the amendment of act
June 26, 1934, by Pub. L. 86–354. Provisions similar to those comprising this section were contained in section 20 of act
June 26, 1934, ch. 750, 48 Stat. 1222 (formerly classified to section 1770 of this title), prior to the amendment and renumbering of act
June 26, 1934, by Pub. L. 86–354.
Reference
Citations & Metadata
Citation
12 U.S.C. § 1769
Title 12 — Banks and Banking
Last Updated
Apr 6, 2026
Release point: 119-73