U.S Code last checked for updates: Nov 22, 2024
All TitlesTitle 12Chapter 16
§ 1833a.
Civil penalties
(a)
In general
(b)
Maximum amount of penalty
(1)
Generally
(2)
Special rule for continuing violations
(3)
Special rule for violations creating gain or loss
(A)
If any person derives pecuniary gain from the violation, or if the violation results in pecuniary loss to a person other than the violator, the amount of the civil penalty may exceed the amounts described in paragraphs (1) and (2) but may not exceed the amount of such gain or loss.
(B)
As used in this paragraph, the term “person” includes the Bank Insurance Fund, the Savings Association Insurance Fund, and after the merger of such funds, the Deposit Insurance Fund, and the National Credit Union Share Insurance Fund.
(c)
Violations to which penalty is applicable
This section applies to a violation of, or a conspiracy to violate—
(1)
section 215, 656, 657, 1005, 1006, 1007, 1014, or 1344 of title 18;
(2)
section 287, 1001, 1032,1
1
 See 1990 Amendment note below.
1341 or 1343 of title 18 affecting a federally insured financial institution; or
(3)
section 645(a) of title 15.
(d)
Effective date
(e)
Attorney General to bring action
(f)
Burden of proof
(g)
Administrative subpoenas
(1)
In general
For the purpose of conducting a civil investigation in contemplation of a civil proceeding under this section, the Attorney General may—
(A)
administer oaths and affirmations;
(B)
take evidence; and
(C)
by subpoena, summon witnesses and require the production of any books, papers, correspondence, memoranda, or other records which the Attorney General deems relevant or material to the inquiry. Such subpoena may require the attendance of witnesses and the production of any such records from any place in the United States at any place in the United States designated by the Attorney General.
(2)
Procedures applicable
(3)
Limitation
(h)
Statute of limitations
(Pub. L. 101–73, title IX, § 951, Aug. 9, 1989, 103 Stat. 498; Pub. L. 101–647, title XXV, §§ 2533, 2596(d), Nov. 29, 1990, 104 Stat. 4882, 4908; Pub. L. 103–322, title XXXIII, § 330003(g), Sept. 13, 1994, 108 Stat. 2141; Pub. L. 104–208, div. A, title II, § 2704(d)(15)(A), Sept. 30, 1996, 110 Stat. 3009–494; Pub. L. 107–100, § 4(b), Dec. 21, 2001, 115 Stat. 966; Pub. L. 109–171, title II, § 2102(b), Feb. 8, 2006, 120 Stat. 9; Pub. L. 109–173, § 9(g)(1), Feb. 15, 2006, 119 Stat. 3618.)
cite as: 12 USC 1833a
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