12 USC § 4406 - Relationship to other payments systems

---
identifier: "/us/usc/t12/s4406"
source: "usc"
legal_status: "official_prima_facie"
title: "12 USC § 4406 - Relationship to other payments systems"
title_number: 12
title_name: "BANKS AND BANKING"
section_number: "4406"
section_name: "Relationship to other payments systems"
chapter_number: 45
chapter_name: "PAYMENT SYSTEM RISK REDUCTION"
subchapter_number: "I"
subchapter_name: "BILATERAL AND CLEARING ORGANIZATION NETTING"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Pub. L. 102–242, title IV, § 406, Dec. 19, 1991, 105 Stat. 2375.)"
---


# § 4406. Relationship to other payments systems

This chapter shall have no effect by implication or otherwise on the validity or legal enforceability of a netting arrangement of any payment system which is not subject to this chapter.

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**Source Credit**: (Pub. L. 102–242, title IV, § 406, Dec. 19, 1991, 105 Stat. 2375.)