12 U.S.C. § 4588 — Subpoena authority
submitted 34 years ago by Pub. L. 102-550 to r/title-12-BANKS-AND-BANKING · 259 words · no verdicts yet
A translation hasn’t been published for this section yet. The official text below is complete and authoritative.
In the course of or in connection with any administrative proceeding under this subpart, the Director* shall have the authority—
to administer oaths and affirmations;
to take and preserve testimony under oath;
to issue subpoenas and subpoenas duces tecum; and
to revoke, quash, or modify subpoenas and subpoenas duces tecum issued by the Director.
The attendance of witnesses and the production of documents provided for in this section may be required from any place in any State* at any designated place where such proceeding is being conducted.
The Director may bring an action or may request the Attorney General of the United States to bring an action in the United States district court for the judicial district in which such proceeding is being conducted, or where the witness resides or conducts business, or the United States District Court for the District of Columbia, for enforcement of any subpoena or subpoena duces tecum issued pursuant to this section. Such courts shall have jurisdiction and power to order and require compliance therewith.
Witnesses subpoenaed under this section shall be paid the same fees and mileage that are paid witnesses in the district courts of the United States. Any court having jurisdiction of any proceeding instituted under this section by an enterprise* may allow to any such party such reasonable expenses and attorneys fees as the court deems just and proper. Such expenses and fees shall be paid by the enterprise or from its assets.
Source credit: (Pub. L. 102–550, title XIII, § 1348, Oct. 28, 1992, 106 Stat. 3968; Pub. L. 110–289, div. A, title I, § 1130(e)(2), (3)(E), July 30, 2008, 122 Stat. 2711.)
- 1992Enacted · Pub. L. 102-550 · 106 Stat. 3968
- 2008Amended · Pub. L. 110-289 · 122 Stat. 2711
A history note hasn’t been published yet. The record shows enactment by Pub. L. 102-550 on 1992-10-28.
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