FEDERAL · 12 U.S.C. · Chapter 16
Enforcement of agreements
12 U.S.C. § 1831aa
Title12 — Banks and Banking
Chapter16 — FEDERAL DEPOSIT INSURANCE CORPORATION
Current throughPub. L. 119-99
This text of 12 U.S.C. § 1831aa (Enforcement of agreements) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
12 U.S.C. § 1831aa.
Text
(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.
(b)Receiverships and conservatorships
After the appointment of the Corporation as the receiver or conservator for a depository institution, the Corporation may enforce any conditi
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History
(Sept. 21, 1950, ch. 967, §2[50], as added Pub. L. 109–351, title VII, §702(a), Oct. 13, 2006, 120 Stat. 1985.)
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12 U.S.C. § 1831aa, Counsel Stack Legal Research, https://law.counselstack.com/usc/12/1831aa.