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12 U.S.C. · Banks and Banking
12 U.S.C. § 5008

Delays in an emergency

Ch. 50 — CHECK TRUNCATION
Title 12 U.S.C. ● ACTIVE Primary Source Ch. 50
Statutory Text

12 U.S.C. § 5008 — Delays in an emergency

U.S.C. Title 12 - BANKS AND BANKING 12 U.S.C. United States Code, 2023 Edition Title 12 - BANKS AND BANKING CHAPTER 50 - CHECK TRUNCATION Sec. 5008 - Delays in an emergency From the U.S. Government Publishing Office, www.gpo.gov

§5008. Delays in an emergency

A delay by a bank beyond the time limits prescribed or permitted by this chapter shall be excused if the delay is caused by interruption of communication or computer facilities, suspension of payments by another bank, war, emergency conditions, failure of equipment, or other circumstances beyond the control of a bank and if the bank uses such diligence as the circumstances require.

(Pub. L. 108–100, §9, Oct. 28, 2003, 117 Stat. 1188.)

Editorial Notes

References in Text This chapter, referred to in text, was in the original "this Act", meaning Pub. L. 108–100, Oct. 28, 2003, 117 Stat. 1177, which is classified generally to this chapter. For complete classification of this Act to the Code, see Short Title note set out under section 5001 of this title and Tables.

Statutory Notes and Related Subsidiaries

Effective Date Section effective at the end of the 12-month period beginning on Oct. 28, 2003, see section 20 of Pub. L. 108–100, set out as a note under section 5001 of this title.

Source: uscode.house.gov — public domain Official Source ↗
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12 U.S.C. § 5008
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The statutory text of 12 U.S.C. § 5008 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).
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