12 U.S.C. § 1831 — Separability of certain provisions of this chapter
submitted 76 years ago by ch. 967 to r/title-12-BANKS-AND-BANKING · 37 words · no verdicts yet
Deposit-insurance limits in this chapter stand independently from the chapter’s other provisions.
The provisions of this chapter that limit a depositor’s insurance to an amount less than the depositor’s full deposit are independent and separable from every other provision of this chapter.
The provisions of this chapter limiting the insurance of the deposits of any depositor to a maximum less than the full amount shall be independent and separable from each and all of the provisions of this chapter.
Source credit: (Sept. 21, 1950, ch. 967, § 2[23], formerly § 2[21], 64 Stat. 894; renumbered § 2[22], Pub. L. 90–203, § 3, Dec. 15, 1967, 81 Stat. 610; renumbered § 2[23], Pub. L. 91–508, title I, § 101, Oct. 26, 1970, 84 Stat. 1114.)
- 1950Enacted · Act of Sept. 21, 1950, ch. 967 · 64 Stat. 894
- 1967Amended · Pub. L. 90-203 · 81 Stat. 610
- 1970Amended · Pub. L. 91-508 · 84 Stat. 1114
A history note hasn’t been published yet. The record shows enactment by ch. 967 on 1950-09-21.
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