Title 12 — Banks and Banking
Chapter 22 — Tying Arrangements
§ 1978. Actions under other Federal or State laws unaffected; regulations or orders barred as a defense
Statutory text
Nothing contained in this chapter shall be construed as affecting in any manner the right of the United States or any other party to bring an action under any other law of the United States or of any State, including any right which may exist in addition to specific statutory authority, challenging the legality of any act or practice which may be proscribed by this chapter. No regulation or order issued by the Board under this chapter shall in any manner constitute a defense to such action.
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.
Bank Holding Company Act Amendments of 1970
Pub. L. 91–607 title I § 106(h) · 84 Stat. 1760
Enacted · 12 U.S.C. § 1978
(Pub. L. 91–607, title I, § 106(h), Dec. 31, 1970, 84 Stat. 1768.)
Source evidence
Code source credit
(Pub. L. 91–607, title I, § 106(h), Dec. 31, 1970, 84 Stat. 1768.)Enacted provision · exact public law section
(h) Nothing contained in this section shall be construed as affecting in any manner the right of the United States or any other party to bring an action under any other law of the United States or of any State, including any right which may exist in addition to specific statutory authority, challenging the legality of any act or practice which may be proscribed by this section. No regulation or older issued by the Hoard under this section shall in any manner constitute a defense to such action.
1 of 1 references resolved to an enrolled provision