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

submitted 23 years ago by Pub. L. 108-100 to r/title-12-BANKS-AND-BANKING · 62 words · no verdicts yet

in plain englishAI-generated · not legal advice

A translation hasn’t been published for this section yet. The official text below is complete and authoritative.

the actual law source: uscode.house.gov ↗public domain

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.

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

history & why it existsrecord from the source credit
  • 2003Enacted · Pub. L. 108-100 · 117 Stat. 1188

A history note hasn’t been published yet. The record shows enactment by Pub. L. 108-100 on 2003-10-28.

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