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Title 12 — Banks and Banking

Chapter 14 — Federal Credit Unions

§ 1769. Separability; right to alter, amend, or repeal chapter

Statutory text

(a)

If any provision of this chapter, or the application thereof to any person or circumstance, is held invalid, the remainder of the chapter, and the application of such provision to other persons or circumstances, shall not be affected thereby.

(b)

The right to alter, amend, or repeal this chapter or any part thereof, or any charter issued pursuant to the provisions of this chapter, is expressly reserved.

Legislative history

Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.

  1. Pub. L. 86–354 § 1 · 73 Stat. 628

    Enacted · 12 U.S.C. § 1769

    June 26, 1934, ch. 750, title I, § 123, formerly § 24, as added Pub. L. 86–354, § 1, Sept. 22, 1959, 73 Stat. 637

    Source evidence

    Code source credit
    June 26, 1934, ch. 750, title I, § 123, formerly § 24, as added Pub. L. 86–354, § 1, Sept. 22, 1959, 73 Stat. 637

0 of 1 references resolved to an enrolled provision · 1 partial

Editorial Notes

Prior Provisions

A prior section 1769, act June 26, 1934, ch. 750, § 19, 48 Stat. 1222, made available not more than $50,000 of the funds available to the Governor of the Farm Credit Administration, under former section 1404 of this title, for administrative expenses in administering this chapter, prior to the amendment of act , by Pub. L. 86–354.

Provisions similar to those comprising this section were contained in section 20 of act June 26, 1934, ch. 750, 48 Stat. 1222 (formerly classified to section 1770 of this title), prior to the amendment and renumbering of act , by Pub. L. 86–354.

Credits

1934–1970 · 2 acts
  1. 1934June 26, 1934, ch. 750, title I, § 123, formerly § 24, as added Pub. L. 86–354, § 1, , 73 Stat. 637
  2. 1970renumbered title I, § 123, Pub. L. 91–468, § 1(2), , 84 Stat. 994.
Show as published

(June 26, 1934, ch. 750, title I, § 123, formerly § 24, as added Pub. L. 86–354, § 1, , 73 Stat. 637; renumbered title I, § 123, Pub. L. 91–468, § 1(2), , 84 Stat. 994.)

Parsed from the official OLRC USLM XML in data/usc_all/usc12.xml · release point 119-108 · OLRC build 2026-07-23

USLM identifier /us/usc/t12/s1769