[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 7USC27f]
TITLE 7--AGRICULTURE
CHAPTER 1--COMMODITY EXCHANGES
Sec. 27f. Contract enforcement
(a) Hybrid instruments
No hybrid instrument shall be void, voidable, or unenforceable, and
no party to a hybrid instrument shall be entitled to rescind, or recover
any payment made with respect to, a hybrid instrument under any
provision of Federal or State law, based solely on the failure of the
hybrid instrument to satisfy the predominance test set forth in section
27c(b) of this title or to comply with the terms or conditions of an
exemption or exclusion from any provision of the Commodity Exchange Act
[7 U.S.C. 1 et seq.] or any regulation of the Commodity Futures Trading
Commission.
(b) Covered swap agreements
No covered swap agreement shall be void, voidable, or unenforceable,
and no party to a covered swap agreement sh
