In the event that there shall exist, prior to the enactment of §§ 581—595 of this title, any proceeding or fiscal agency purchase or sales contract, by and between any unit and any investment banker, bank, trust company, individual, corporation, association, partnership, or a combination thereof, for the issuance, sale, exchange or purchase by any unit, of bonds, notes or other evidences of indebtedness, such contract shall in no way impair the appointment or authorization of the Bank to act as fiscal agent, paying agent or co-paying agent of such unit, on such issue, nor shall it impair the rights, duties, or obligations of the Bank, under any other section or §§ 581—595 of this title, either singly or severally.
History —May 15, 1945, No. 272, p. 952, §§ 12, 15.