A delay by a bank beyond the time limits prescribed or permitted by this chapter shall be excused if the delay is caused by interruption of communication or computer facilities, suspension of payments by another bank, war, emergency conditions, failure of equipment, or other circumstances beyond the control of a bank and if the bank uses such diligence as the circumstances require.
Structure US Code
§ 5003. General provisions governing substitute checks
§ 5004. Substitute check warranties
§ 5006. Expedited recredit for consumers
§ 5007. Expedited recredit procedures for banks
§ 5008. Delays in an emergency
§ 5010. Statute of limitations and notice of claim
§ 5013. Variation by agreement
§ 5015. Study and report on funds availability
§ 5016. Statistical reporting of costs and revenues for transporting checks between reserve banks