Title 12 › Chapter CHAPTER 43— - ACTIONS AGAINST PERSONS COMMITTING BANK FRAUD CRIMES › Subchapter SUBCHAPTER II— - DECLARATIONS PROVIDING UNITED STATES WITH NEW INFORMATION CONCERNING RECOVERY OF ASSETS › § 4226
People who file a declaration that meets sections 4221–4224 have certain rights. If the Attorney General decides not to try to recover the assets named in the declaration, the Attorney General must tell the person who filed the declaration (the declarant) in writing and give a short reason. If the United States gets a final judgment, order, or settlement that gives the United States ownership of assets named in a valid declaration filed under section 4221, the Attorney General must notify the declarant in writing, state the award due under section 4225(c), and briefly explain how that amount was set. If the Attorney General has not sent either a non‑pursuit notice or a notice of invalidity under section 4224 within 1 year of filing, the Attorney General must inform the declarant in writing whether the matter is under investigation or has not been addressed. The Attorney General may extend consideration one time for an extra 90 days by written certification. All notices must be kept confidential in the same way, and under the same penalties, as the original declaration under section 4223.
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Banks and Banking — Source: USLM XML via OLRC
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Reference
Citation
12 U.S.C. § 4226
Title 12 — Banks and Banking
Last Updated
Apr 6, 2026
Release point: 119-73