Source: http://www.law.cornell.edu/uscode/text/12/1831k
Timestamp: 2013-06-19 12:47:59
Document Index: 21405810

Matched Legal Cases: ['§ 1831', '§ 1831', '§ 1831', '§ 2', '§ 933', '§ 2586', '§ 602', '§ 1751', '§ 221', '§ 1841', '§ 1461', '§ 602', '§ 602', '§ 2586', '§ 2586']

12 USC § 1831k - Reward for information leading to recoveries or civil penalties | Title 12 - Banks and Banking | U.S. Code | LII / Legal Information Institute
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12 USC § 1831k - Reward for information leading to recoveries or civil penalties
In general An appropriate Federal banking agency, with the concurrence of the Attorney General, may pay a reward to a person who provides original information which leads to—
recovery of a criminal fine, restitution, or civil penalty—
(b), 164, or 481 to 485 of this title;
pursuant to a conviction for an offense under section 215, 656, 657, 1005, 1006, 1007, 1014, 1341, 1343, or 1344 of title 18 affecting a depository institution insured by the Federal Deposit Insurance Corporation, or for a conspiracy to commit such an offense; or
a forfeiture under section 981 or 982 of title 18 that arises in connection with a depository institution insured by the Federal Deposit Insurance Corporation.
Percentage limitation An appropriate Federal banking agency may not pay a reward under subsection (a) of this section of more than 25 percent of the amount of the fine, penalty, restitution, or forfeiture or $100,000, whichever is less.
Officials and persons ineligible An appropriate Federal banking agency may not pay a reward under subsection (a) of this section to—
an officer or employee of the United States or of a State or local government who provides information described in subsection (a) of this section, obtained in the performance of official duties; or
Nonreviewability Any agency decision under this section is final and not reviewable by any court.
(Sept. 21, 1950, ch. 967, § 2[34], as added Pub. L. 101–73, title IX, § 933(a),Aug. 9, 1989, 103 Stat. 495; amended Pub. L. 101–647, title XXV, § 2586,Nov. 29, 1990, 104 Stat. 4903; Pub. L. 103–325, title VI, § 602(a)(62), (63),Sept. 23, 1994, 108 Stat. 2291.)
The Federal Credit Union Act, referred to in subsec. (a)(1)(A)(ii), 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.
The Federal Reserve Act, referred to in subsec. (a)(1)(A)(iv), is act Dec. 23, 1913, ch. 6, 38 Stat. 251, as amended, which is classified principally to chapter 3 (§ 221 et seq.) of this title. For complete classification of this Act to the Code, see References in Text note set out under section 226 of this title and Tables.
The Bank Holding Company Act of 1956, referred to in subsec. (a)(1)(A)(vi), is act May 9, 1956, ch. 240, 70 Stat. 133, as amended, which is classified principally to chapter 17 (§ 1841 et seq.) of this title. For complete classification of this Act to the Code, see Short Title note set out under section 1841 of this title and Tables.
The Home Owners’ Loan Act, referred to in subsec. (a)(1)(A)(vii), is act June 13, 1933, ch. 64, 48 Stat. 128, as amended, which is classified generally to chapter 12 (§ 1461 et seq.) of this title. For complete classification of this Act to the Code, see section 1461 of this title and Tables.
1994—Subsec. (a)(1)(A)(iii). Pub. L. 103–325, § 602(a)(62), substituted “section” for “sections” and “or” for “and”.
Subsec. (a)(2). Pub. L. 103–325, § 602(a)(63), inserted period at end.
1990—Subsec. (a)(1). Pub. L. 101–647, § 2586(1), struck out “, in an amount that exceeds $50,000,” after “recovery” in introductory provisions.
Subsec. (a)(2). Pub. L. 101–647, § 2586(2), amended par. (2) generally. Prior to amendment, par. (2) read as follows: “a forfeiture under section 981 or 982 of title 18 that—