Statutory Text
12 U.S.C. § 4405 — Preemption
U.S.C. Title 12 - BANKS AND BANKING 12 U.S.C. United States Code, 2023 Edition Title 12 - BANKS AND BANKING CHAPTER 45 - PAYMENT SYSTEM RISK REDUCTION SUBCHAPTER I - BILATERAL AND CLEARING ORGANIZATION NETTING Sec. 4405 - Preemption From the U.S. Government Publishing Office, www.gpo.gov
§4405. Preemption
No stay, injunction, avoidance, moratorium, or similar proceeding or order, whether issued or granted by a court, administrative agency, or otherwise, shall limit or delay application of otherwise enforceable netting contracts in accordance with sections 4403 and 4404 of this title.
(Pub. L. 102–242, title IV, §405, Dec. 19, 1991, 105 Stat. 2375.)
Source: uscode.house.gov — public domain
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Root-LD v1.0 · boisestandard.org
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BS-USC12-SEC-A72D55
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boisestandard.org
Citation
12 U.S.C. § 4405
Jurisdiction
Federal — United States
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✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
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96ca69038e91dc04...
Semantic Edges
Pending — corpus passes queued
The statutory text of 12 U.S.C. § 4405 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
Navigate Corpus — Title 12
Ch. 45 — PAYMENT SYSTEM RISK REDUCTION
12 U.S.C. § 440112 U.S.C. § 440212 U.S.C. § 440312 U.S.C. § 440412 U.S.C. § 440512 U.S.C. § 440612 U.S.C. § 4406a12 U.S.C. § 440712 U.S.C. § 4421
12 U.S.C. — public domain
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