2016 US Code
Title 12 - Banks and Banking
Chapter 43 - Actions Against Persons Committing Bank Fraud Crimes
Subchapter I - Declarations Providing New Claims to United States
Sec. 4207 - Unreviewed declarations; petition to pursue action as private contractor

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Citation 12 U.S.C. § 4207 (2016)
Section Name §4207. Unreviewed declarations; petition to pursue action as private contractor
Section Text (a) Notification

(1) If, pursuant to section 4206(d)(2) of this title, the Attorney General notifies a declarant that the declarant's allegations have not yet been addressed, the declarant may notify the Attorney General to award a contract pursuant to subchapter III to pursue the case.

(2) A declarant's notification under paragraph (1) shall be filed with the Attorney General not later than 30 days after the date of service of notice under section 4206(d)(2) of this title, and the Attorney General shall respond to the notification not later than 30 days after receipt.

(b) Contents of response

In response to a notification under subsection (a)(1), the Attorney General shall—

(1) grant a contract pursuant to subchapter III; or

(2) proceed with an action.

(c) Grant of contract

If the Attorney General decides to grant a contract, the declarant, after consultation with the Attorney General, shall have the right to select counsel to prosecute an action, and the declarant and the declarant's counsel shall act in accordance with subchapter III.

Source Credit

(Pub. L. 101–647, title XXV, §2567, Nov. 29, 1990, 104 Stat. 4898.)

Publication Title United States Code, 2012 Edition, Supplement 4, Title 12 - BANKS AND BANKING
Category Bills and Statutes
Collection United States Code
SuDoc Class Number Y 1.2/5:
Contained Within Title 12 - BANKS AND BANKING
CHAPTER 43 - ACTIONS AGAINST PERSONS COMMITTING BANK FRAUD CRIMES
SUBCHAPTER I - DECLARATIONS PROVIDING NEW CLAIMS TO UNITED STATES
Sec. 4207 - Unreviewed declarations; petition to pursue action as private contractor
Contains section 4207
Date 2016
Laws In Effect As Of Date January 6, 2017
Positive Law No
Disposition standard
Statutes at Large Reference 104 Stat. 4898
Public Law References Public Law 101-647
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