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Title 12 — Banks and Banking

Chapter 6A — Export-Import Bank of the United States

§ 635h. Exemption from prohibition of section 955 of title 18

Statutory text

Notwithstanding the provisions of section 955 of title 18, any person, including any individual, partnership, corporation, or association, may act for or participate with the Export-Import Bank of the United States in any operation or transaction, or may acquire any obligation issued in connection with any operation or transaction, engaged in by the Bank.

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. Export-Import Bank Act of 1945

    Pub. L. 79–341 § 9 · 59 Stat. 526

    Enacted · 12 U.S.C. § 635h

    July 31, 1945, ch. 341, § 9, formerly § 11, 59 Stat. 529

    Source evidence

    Code source credit
    July 31, 1945, ch. 341, § 9, formerly § 11, 59 Stat. 529

    Enacted provision · exact public law section
    Sec. 9. The Export-Import Bank of Washington shall transmit to Semiannual reports to Congress. the Congress semiannually a complete and detailed report of its operations. The report shall be as of the close of business on June 30 and December 31 of each year.

  2. Pub. L. 90–267 § 1(a) · 82 Stat. 47

    Changed · 12 U.S.C. § 635h

    Pub. L. 90–267 changed name of “Export-Import Bank of Washington” to “Export-Import Bank of the United States”

    Source evidence

    Code amendment note
    Pub. L. 90–267 changed name of “Export-Import Bank of Washington” to “Export-Import Bank of the United States”.

    Enacted provision · exact public law section
    (a) By changing “Export-Import Bank of Washington”, wherever that name refers to the legal entity created by the Export-Import Bank Act of 1945, to “Export-Import Bank of the United States”.

2 of 2 references resolved to an enrolled provision

Editorial Notes

Prior Provisions

A prior section 9 of act July 31, 1945, ch. 341, was renumbered section 8 and is classified to section 635g of this title.

Amendments1954–1968 · 2 rounds

1968

Pub. L. 90–267 changed name of “Export-Import Bank of Washington” to “Export-Import Bank of the United States”.

1954

Act , substituted “section 955 of title 18” for “section 804a of title 31”.

Credits

1945–1992 · 4 acts
  1. 1945July 31, 1945, ch. 341, § 9, formerly § 11, 59 Stat. 529
  2. 1954Sept. 3, 1954, ch. 1263, § 29, 68 Stat. 1237
  3. 1968Pub. L. 90–267, § 1(a), , 82 Stat. 47
  4. 1992renumbered § 9, Pub. L. 102–429, title I, § 121(c)(3), , 106 Stat. 2199.
Show as published

(July 31, 1945, ch. 341, § 9, formerly § 11, 59 Stat. 529; Sept. 3, 1954, ch. 1263, § 29, 68 Stat. 1237; Pub. L. 90–267, § 1(a), , 82 Stat. 47; renumbered § 9, Pub. L. 102–429, title I, § 121(c)(3), , 106 Stat. 2199.)

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/s635h