Title 12 — Banks and BankingRelease 119-73

§4638 Private rights of action

Title 12 › Chapter CHAPTER 46— - GOVERNMENT SPONSORED ENTERPRISES › Subchapter SUBCHAPTER III— - ENFORCEMENT PROVISIONS › § 4638

Last updated Apr 6, 2026|Official source

Full Legal Text

Title 12, §4638

Banks and Banking — Source: USLM XML via OLRC

This chapter shall not create any private right of action on behalf of any person against a regulated entity, or any director or executive officer of a regulated entity, or impair any existing private right of action under other applicable law.

Legislative History

Notes & Related Subsidiaries

Editorial Notes

References in Text

This chapter, referred to in text, was in the original “this title and the

Amendments

made by this title”, meaning title XIII of Pub. L. 102–550, Oct. 28, 1992, 106 Stat. 3941, which is classified principally to this chapter. For complete classification of title XIII to the Code, see

Short Title

note set out under section 4501 of this title and Tables.

Prior Provisions

A prior section 1379A of Pub. L. 102–550 was renumbered section 1379C and is classified to section 4640 of this title.

Amendments

2008—Pub. L. 110–289, § 1156(b)(2), which directed substitution of “a regulated entity” for “an enterprise”, was executed by making the substitution in two places to reflect the probable intent of Congress.

Reference

Citations & Metadata

Citation

12 U.S.C. § 4638

Title 12 — Banks and Banking

Last Updated

Apr 6, 2026

Release point: 119-73