; and (ii) the term clearing organization has the meaning given the term in section 402 of the Federal Deposit Insurance Corporation Improvement Act of 1991 ( 12 U.S.C. 4402 ). (10) Notification of transfer (A) In general If the Corporation as conservator or receiver for a payment stablecoin issuer in default makes any transfer of the assets and liabilities of such institution, and the transfer includes any qualified financial contract, the conservator or receiver shall notify any person who is a party to any such contract of such transfer by 5:00 p.m. (eastern time) on the business day following the date of the appointment of the Corporation as receiver in the case of a receivership, or the business day following such transfer in the case of a conservatorship. (B) Certain rights not enforceable (i) Receivership A person who is a party to a qualified financial contract with a payment stablecoin issuer may not exercise any right that such person has to terminate, liquidate, or net such contract under paragraph (8)(A) of this subsection or section 403 or 404 of the Federal Deposit Insurance Corporation Improvement Act of 1991 ( 12 U.S.C. 4403 , 4404), solely by reason of or incidental to the appointment of the Corporation as receiver for the payment stablecoin issuer (or the insolvency or financial condition of the issuer for which the receiver has been appointed)— (I) until 5:00 p.m. (eastern time) on the business day following the date of the appointment of the receiver