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§4406. Relationship to other payments systems

Enacted 1991 · reading the current textFull lineage →

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12 U.S.C. § 4406

This chapter shall have no effect by implication or otherwise on the validity or legal enforceability of a netting arrangement of any payment system which is not subject to this chapter.
Notes, amendments, and revision history

(Pub. L. 102–242, title IV, § 406, Dec. 19, 1991, 105 Stat. 2375.)