---
kind: "section"
citation: "12 U.S.C. § 635h"
title: "12"
title_heading: "Banks and Banking"
number: "635h"
heading: "Exemption from prohibition of section 955 of title 18"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/12/635h"
units:
  - "Chapter 6A — Export-Import Bank of the United States"
  - "Subchapter I — General Provisions"
---

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


Notwithstanding the provisions of [section 955 of title 18](/usc/18/955.md), any [person](/usc/12/5481.md?p=19), 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.


## Source credit

(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), Mar. 13, 1968, 82 Stat. 47; renumbered § 9, Pub. L. 102–429, title I, § 121(c)(3), Oct. 21, 1992, 106 Stat. 2199.)

## Notes

### 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.

### Amendments

1968—Pub. L. 90–267 changed name of “Export-Import Bank of Washington” to “Export-Import Bank of the United States”.

1954—Act Sept. 3, 1954, substituted “section 955 of title 18” for “section 804a of title 31”.