15 U.S.C. § 77bbbb — Separability

submitted 93 years ago by ch. 38 to r/title-15-COMMERCE-AND-TRADE · 51 words · no verdicts yet

in plain englishAI-generated · not legal advice

This is a severability clause for the Trust Indenture Act. If a court strikes down one part of the law, or how it applies to someone, the rest of the law stays valid. It also stays valid as applied to everyone else it was not struck down for.

If a court finds any provision of this subchapter invalid -- or finds that applying some provision to a specific person or circumstance is invalid -- that does not affect the rest of the subchapter. It also does not affect that same provision as applied to other people or circumstances where it was not found invalid.

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

If any provision of this subchapter or the application of such provision to any person or circumstance shall be held invalid, the remainder of the subchapter and the application of such provision to persons or circumstances other than those as to which it is held invalid shall not be affected thereby.

Source credit: (May 27, 1933, ch. 38, title III, § 328, as added Aug. 3, 1939, ch. 411, 53 Stat. 1177.)

history & why it existsrecord from the source credit

1933Enacted · Act of May 27, 1933, ch. 38 · 53 Stat. 1177

A history note hasn’t been published yet. The record shows enactment by ch. 38 on 1933-05-27.

all 0 arguments · sorted by: best

no arguments yet — make the first case