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Code · STATUTE-COMPILATIONS · Expedited Funds Availability Act · Sec. 608

Sec. 608. EFFECT ON STATE LAW

189 words·~1 min read·/statute-compilations/comps-10571/sec-608

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

## SEC. 608 EFFECT ON STATE LAW **[**[12 U.S.C. 4007](/us/usc/t12/s4007)**]** ###
(a)In General Any law or regulation of any State in effect on September 1, 1989, which requires that funds deposited or received for deposit in an account at a depository institution chartered by such State be made available for withdrawal in a shorter period of time than the period of time provided in this title or in regulations prescribed by the Board under this title (as in effect on September 1, 1989) shall— ####
(1)supersede the provisions of this title and any regulations by the Board to the extent such provisions relate to the time by which funds deposited or received for deposit in an account shall be available for withdrawal; and ####
(2)apply to all federally insured depository institutions located within such State. ###
(b)Override of Certain State Laws Except as provided in subsection (a), this title and regulations prescribed under this title shall supersede any provision of the law of any State, including the Uniform Commercial Code as in effect in such State, which is inconsistent with this title or such regulations.
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Sec. 608
EFFECT ON STATE LAW
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