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12 U.S.C. § 2263Enforcement of temporary cease and desist orders

submitted 41 years ago by Pub. L. 92-181 to r/title-12-BANKS-AND-BANKING · 98 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section authorizes the Farm Credit Administration to seek an injunction enforcing a temporary cease-and-desist order. If the court finds a violation, threatened violation, or failure to obey, it must issue the injunction.

For a violation, threatened violation, or failure to obey a temporary cease-and-desist order under § 2262, the Farm Credit Administration may apply for an injunction in the federal district court or territorial court covering the institution’s home office. If the court finds that such conduct or failure occurred, it must issue the injunction.
the actual law source: uscode.house.gov ↗public domain

In the case of violation or threatened violation of, or failure to obey, a temporary cease and desist order issued under section 2262 of this title, the Farm Credit Administration may apply to the United States district court, or the United States court of any territory, within the jurisdiction of which the home office of the institution is located, for an injunction to enforce such order, and, if the court shall determine that there has been such violation or threatened violation or failure to obey, it shall be the duty of the court to issue such injunction.

Source credit: (Pub. L. 92–181, title V, § 5.27, as added Pub. L. 99–205, title II, § 204, Dec. 23, 1985, 99 Stat. 1696.)

history & why it existsrecord from the source credit
  • 1985Enacted · Pub. L. 92-181 · 99 Stat. 1696

A history note hasn’t been published yet. The record shows enactment by Pub. L. 92-181 on 1985-12-23.

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