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Title 12 — Banks and Banking

Chapter 45 — Payment System Risk Reduction

§ 4407. National emergencies

Statutory text

The provisions of this chapter may not be construed to limit the authority of the President under the Trading With the Enemy Act (50 U.S.C. App. 1 et seq.) [now 50 U.S.C. 4301 et seq.] or the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.).

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. Federal Deposit Insurance Corporation Improvement Act of 1991

    Pub. L. 102–242 title IV § 407A · 105 Stat. 2236

    Enacted · 12 U.S.C. § 4407

    Pub. L. 102–242, title IV, § 407A, formerly § 407, Dec. 19, 1991, 105 Stat. 2375

    Target inherited from the preceding amendment note.

    Source evidence

    Code source credit
    Pub. L. 102–242, title IV, § 407A, formerly § 407, Dec. 19, 1991, 105 Stat. 2375

    Enacted provision · exact public law section
    SEC. 407. NATIONAL EMERGENCIES. The provisions of this subtitle may not be construed to limit the authority of the President under the Trading With the Enemy Act (50 U.S.C. App. 1 et seq.) or the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.).

1 of 1 references resolved to an enrolled provision

Editorial Notes

References in Text

The Trading With the Enemy Act, referred to in text, is act Oct. 6, 1917, ch. 106, 40 Stat. 411, which was classified to sections 1 to 6, 7 to 39 and 41 to 44 of the former Appendix to Title 50, War and National Defense, prior to editorial reclassification and renumbering as chapter 53 (§ 4301 et seq.) of Title 50. For complete classification of this Act to the Code, see Tables.

The International Emergency Economic Powers Act, referred to in text, is Pub. L. 95–223, title II, , 91 Stat. 1626, which is classified generally to chapter 35 (§ 1701 et seq.) of Title 50, War and National Defense. For complete classification of this Act to the Code, see Short Title note set out under section 1701 of Title 50 and Tables.

Credits

1991–2005 · 2 acts
  1. 1991Pub. L. 102–242, title IV, § 407A, formerly § 407, , 105 Stat. 2375
  2. 2005renumbered § 407A, Pub. L. 109–8, title IX, § 906(d)(1), , 119 Stat. 169.
Show as published

(Pub. L. 102–242, title IV, § 407A, formerly § 407, , 105 Stat. 2375; renumbered § 407A, Pub. L. 109–8, title IX, § 906(d)(1), , 119 Stat. 169.)

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/s4407