Check Clearinghouse Association Law and Legal Definition
According to 12 USCS § 4001 (8), [Title 12. Banks and Banking; Chapter 41. Expedited Funds Availability] the term check clearinghouse association means “any arrangement by which participant depository institutions exchange deposited checks on a local basis, including an entire metropolitan area, without using the check processing facilities of the Federal Reserve System.”
Legal Definition list
Related Legal Terms
- Accommodation Check
- Agricultural Association
- American Arbitration Association
- American Association for Justice [AAJ]
- American Association for the Advancement of Science [AAAS]
- American Association of Colleges for Teacher Education [AACTE]
- American Association of Law Libraries [AALL]
- American Association of Motor Vehicle Administrators
- American Association of School Administrators [AASA]
- American Bankers Association
