Source: http://www.law.cornell.edu/uscode/text/12/4309?quicktabs_8=3
Timestamp: 2013-12-21 19:19:29
Document Index: 53991198

Matched Legal Cases: ['§ 4309', '§ 4309', '§ 4309', '§ 270', '§ 1604', '§ 1100', '§ 5511', '§ 5561', '§ 1751', '§ 1100', '§ 1100']

12 USC § 4309 - Administrative enforcement | Title 12 - Banks and Banking | U.S. Code | LII / Legal Information Institute
USC › Title 12 › Chapter 44 › § 4309	prevnext
12 USC § 4309 - Administrative enforcement
In general Subject to subtitle B of the Consumer Financial Protection Act of 2010 [12 U.S.C. 5511 et seq.], compliance with the requirements imposed under this chapter shall be enforced under—
section 8 of the Federal Deposit Insurance Act [12 U.S.C. 1818] by the appropriate Federal banking agency (as defined in section 3(q) of that Act [12 U.S.C. 1813
(q)]), with respect to—
insured depository institutions (as defined in section 3(c)(2) of that Act [12 U.S.C. 1813
(c)(2)]);
depository institutions described in clause (i), (ii), or (iii) of section 19(b)(1)(A) of the Federal Reserve Act [12 U.S.C. 1461
(b)(1)(A)] which are not insured depository institutions (as defined in section 3(c)(2) of the Federal Deposit Insurance Act [12 U.S.C. 1813
depository institutions described in clause (v) or (vi) of section 19(b)(1)(A) of the Federal Reserve Act [12 U.S.C. 1461
the Federal Credit Union Act [12 U.S.C. 1751 et seq.], by the National Credit Union Administration Bureau [1]
in the case of depository institutions described in clause (iv) of section 19(b)(1)(A) of the Federal Reserve Act [12 U.S.C. 461
(b)(1)(A)]; and
Additional enforcement powers (1)
Violation of this chapter treated as violation of other Acts For purposes of the exercise by any agency referred to in subsection (a) of this section of such agency’s powers under any Act referred to in such subsection, a violation of a requirement imposed under this chapter shall be deemed to be a violation of a requirement imposed under that Act.
Enforcement authority under other Acts In addition to the powers of any agency referred to in subsection (a) of this section under any provision of law specifically referred to in such subsection, each such agency may exercise, for purposes of enforcing compliance with any requirement imposed under this chapter, any other authority conferred on such agency by law.
Regulations by agencies other than the Bureau The authority of the Bureau to issue regulations under this chapter does not impair the authority of any other agency referred to in subsection (a) of this section to make rules regarding its own procedures in enforcing compliance with the requirements imposed under this chapter.
(Pub. L. 102–242, title II, § 270,Dec. 19, 1991, 105 Stat. 2339; Pub. L. 102–550, title XVI, § 1604(e)(2)(I)–(K), (3), (4), Oct. 28, 1992, 106 Stat. 4084; Pub. L. 111–203, title X, § 1100B(1), (2),July 21, 2010, 124 Stat. 2109, 2110.)
The Consumer Financial Protection Act of 2010, referred to in subsec. (a), is title X of Pub. L. 111–203, July 21, 2010, 124 Stat. 1955. Subtitle B of the Act is classified generally to part B (§ 5511 et seq.) of subchapter V of chapter 53 of this title. Subtitle E of the Act is classified generally to part E (§ 5561 et seq.) of subchapter V of chapter 53 of this title. For complete classification of this Act to the Code, see Short Title note set out under section 5301 of this title and Tables.
The Federal Credit Union Act, referred to in subsec. (a)(2), is act June 26, 1934, ch. 750, 48 Stat. 1216, as amended, which is classified generally to chapter 14 (§ 1751 et seq.) of this title. For complete classification of this Act to the Code, see section 1751 of this title and Tables.
Subsec. (a). Pub. L. 111–203, § 1100B(2)(A), inserted introductory provisions and added par. (1) and struck out former introductory provisions and par. (1) which read as follows: “Compliance with the requirements imposed under this chapter shall be enforced under—
Subsec. (a)(3). Pub. L. 111–203, § 1100B(2)(B), (C), added par. (3).