Title 12Banks and BankingRelease 119-73

§4406 Relationship to other payments systems

Title 12 › Chapter CHAPTER 45— - PAYMENT SYSTEM RISK REDUCTION › Subchapter SUBCHAPTER I— - BILATERAL AND CLEARING ORGANIZATION NETTING › § 4406

Last updated Apr 6, 2026|Official source

Full Legal Text

Title 12, §4406

Banks and Banking — Source: USLM XML via OLRC

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.

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Citation

12 U.S.C. § 4406

Title 12Banks and Banking

Last Updated

Apr 6, 2026

Release point: 119-73