Clearing Corporation Rules

N.Y. Uniform Commercial Code Law § 8-111, under Short Title and General Matters.

N.Y. Uniform Commercial Code Law § 8-111

Section 8--111. Clearing Corporation Rules. A rule adopted by a clearing corporation governing rights and obligations among the clearing corporation and its participants in the clearing corporation is effective even if the rule conflicts with this article and affects another party who does not consent to the rule.