Title 12 — Banks and BankingRelease 119-73not60
§635h Exemption From Prohibition of Section 955 of Title 18
Title 12 › Chapter 6A— EXPORT-IMPORT BANK OF THE UNITED STATES › Subchapter I— GENERAL PROVISIONS › § 635h
Summary
Anyone may join or invest in Export‑Import Bank transactions, despite another law that might bar it.
Full Legal Text
Title 12, §635h
Banks and Banking — Source: USLM XML via OLRC
Notwithstanding the provisions of section 955 of title 18, any person, including any individual, partnership, corporation, or association, may act for or participate with the Export-Import Bank of the United States in any operation or transaction, or may acquire any obligation issued in connection with any operation or transaction, engaged in by the Bank.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
Prior Provisions
A prior section 9 of act July 31, 1945, ch. 341, was renumbered section 8 and is classified to section 635g of this title.
Amendments
1968—Pub. L. 90–267 changed name of “Export-Import Bank of Washington” to “Export-Import Bank of the United States”. 1954—Act Sept. 3, 1954, substituted “section 955 of title 18” for “section 804a of title 31”.
Reference
Citations & Metadata
Citation
12 U.S.C. § 635h
Title 12 — Banks and Banking
Last Updated
Apr 3, 2026
Release point: 119-73not60