Title 12Banks and BankingRelease 119-73

§4407 National emergencies

Title 12 › Chapter CHAPTER 45— - PAYMENT SYSTEM RISK REDUCTION › Subchapter SUBCHAPTER I— - BILATERAL AND CLEARING ORGANIZATION NETTING › § 4407

Last updated Apr 6, 2026|Official source

Full Legal Text

Title 12, §4407

Banks and Banking — Source: USLM XML via OLRC

The provisions of this chapter may not be construed to limit the authority of the President under the Trading With the Enemy Act (50 U.S.C. App. 1 et seq.) [now 50 U.S.C. 4301 et seq.] or the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.).

Legislative History

Notes & Related Subsidiaries

Editorial Notes

References in Text

The Trading With the Enemy Act, referred to in text, is act Oct. 6, 1917, ch. 106, 40 Stat. 411, which was classified to sections 1 to 6, 7 to 39 and 41 to 44 of the former Appendix to Title 50, War and National Defense, prior to editorial reclassification and renumbering as chapter 53 (§ 4301 et seq.) of Title 50. For complete classification of this Act to the Code, see Tables. The International Emergency Economic Powers Act, referred to in text, is Pub. L. 95–223, title II, Dec. 28, 1977, 91 Stat. 1626, which is classified generally to chapter 35 (§ 1701 et seq.) of Title 50, War and National Defense. For complete classification of this Act to the Code, see

Short Title

note set out under section 1701 of Title 50 and Tables.

Reference

Citations & Metadata

Citation

12 U.S.C. § 4407

Title 12Banks and Banking

Last Updated

Apr 6, 2026

Release point: 119-73