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Code · U.S. Code · Title 12 - BANKS AND BANKING · CHAPTER 45— PAYMENT SYSTEM RISK REDUCTION · SUBCHAPTER I— BILATERAL AND CLEARING ORGANIZATION NETTING · § 4405

§ 4405. Preemption

54 words·~1 min read·/usc/title-12/section-4405

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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.)
Connections2 cite this
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  • Pub. L. 102–242, title IV, § 405
  • 105 Stat. 2375
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§ 4405
Preemption
Stat. Comp.×1
Stat.×1
Pub. L.Pub. L. 102–242, title IV, § 405
Stat.105 Stat. 2375
Cites 2Cited by 2 across 2 sources
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