2016 US Code
Title 12 - Banks and Banking
Chapter 16 - Federal Deposit Insurance Corporation
Sec. 1831aa - Enforcement of agreements
| 12 U.S.C. § 1831aa (2016) |
| §1831aa. Enforcement of agreements |
|
(a) In general
Notwithstanding clause (i) or (ii) of section 1818(b)(6)(A) of this title or section 1831o(e)(2)(E)(i) of this title, the appropriate Federal banking agency for a depository institution may enforce, under section 1818 of this title, the terms of— (1) any condition imposed in writing by the agency on the depository institution or an institution-affiliated party in connection with any action on any application, notice, or other request concerning the depository institution; or (2) any written agreement entered into between the agency and the depository institution or an institution-affiliated party. After the appointment of the Corporation as the receiver or conservator for a depository institution, the Corporation may enforce any condition or agreement described in paragraph (1) or (2) of subsection (a) imposed on or entered into with such institution or institution-affiliated party through an action brought in an appropriate United States district court. |
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(Sept. 21, 1950, ch. 967, §2[50], as added Pub. L. 109–351, title VII, §702(a), Oct. 13, 2006, 120 Stat. 1985.) |
| United States Code, 2012 Edition, Supplement 4, Title 12 - BANKS AND BANKING |
| Bills and Statutes |
| United States Code |
| Y 1.2/5: |
| Title 12 - BANKS AND BANKING CHAPTER 16 - FEDERAL DEPOSIT INSURANCE CORPORATION Sec. 1831aa - Enforcement of agreements |
| section 1831aa |
| 2016 |
| January 6, 2017 |
| No |
| standard |
| 120 Stat. 1985 |
| Public Law 109-351 |
