Depending on the circumstances, violations of this part may result in rescission or termination of a contract, as well as administrative, civil, or criminal sanctions.
authority: Section 9 (Tenth) of the Federal Deposit Insurance Act (FDI Act),
12 U.S.C. 1819 (Tenth); sections 12(f)(3) and (4) of the FDI Act,
12 U.S.C. 1822(f)(3) and (4); and section 19 of Pub. L. 103-204, 107 Stat. 2369
source: 67 FR 69991, Nov. 20, 2002, unless otherwise noted.
cite as: 12 CFR 366.17