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Title 12 — Banks and BankingRelease 119-73

§1848 Judicial review

Title 12 › Chapter CHAPTER 17— - BANK HOLDING COMPANIES › § 1848

Last updated Apr 6, 2026|Official source

Summary

Anyone harmed by a Board order may ask a Court of Appeals to review it within 30 days, in their home circuit or in the D.C. Circuit. The court clerk must send the petition to the Board, which files the record under section 2112 of title 28. The court can affirm, set aside, or modify the order and direct the Board, and it must accept the Board’s factual findings if they are supported by substantial evidence.

Full Legal Text

Title 12, §1848

Banks and Banking — Source: USLM XML via OLRC

Any party aggrieved by an order of the Board under this chapter may obtain a review of such order in the United States Court of Appeals within any circuit wherein such party has its principal place of business or in the Court of Appeals in the District of Columbia, by filing in the court, within thirty days after the entry of the Board’s order, a petition praying that the order of the Board be set aside. A copy of such petition shall be forthwith transmitted to the Board by the clerk of the court, and thereupon the Board shall file in the court the record made before the Board, as provided in section 2112 of title 28. Upon the filing of such petition the court shall have the jurisdiction to affirm, set aside, or modify the order of the Board and to require the Board to take such action with regard to the matter under review as the court deems proper. The findings of the Board as to the facts, if supported by substantial evidence, shall be conclusive.

Legislative History

Notes & Related Subsidiaries

Editorial Notes

Amendments

1966—Pub. L. 89–485 reduced from 60 to 30 days the period allowed for the filing of a petition to obtain judicial review of a Board order. 1958—Pub. L. 85–791 substituted, in second sentence, “transmitted to the Board by the clerk of the court, and thereupon the Board shall file in the court the record made before the Board, as provided in section 2112 of title 28” for “served upon the Board, and thereupon the Board shall certify and file in the court a transcript of the record made before the Board”, and in third sentence, “such petition” for “the transcript”.

Reference

Citations & Metadata

Citation

12 U.S.C. § 1848

Title 12 — Banks and Banking

Last Updated

Apr 6, 2026

Release point: 119-73