Title 12, Banks and BankingRelease 119-110
§1831aa Enforcement of Agreements
Title 12 › CHAPTER 16 — FEDERAL DEPOSIT INSURANCE CORPORATION › § 1831aa
Summary
A federal banking agency can still enforce, under section 1818, any written condition it placed on a bank or on a person tied to the bank when handling an application, notice, or other request, and it can enforce any written agreement between the agency and the bank or that person. If the FDIC (the Corporation) becomes the bank’s receiver or conservator, it can enforce those same conditions or agreements by suing in a U.S. district court.
Full Legal Text
Title 12, §1831aa
Banks and Banking, Source: USLM XML via OLRC
(a)In general
Notwithstanding clause (i) or (ii) of section 1818(b)(6)(A) of this title or section 1831o(e)(2)(E)(i) of this title, the appropriate Federal banking agency for a depository institution may enforce, under section 1818 of this title, the terms of— (1)
(2)any written agreement entered into between the agency and the depository institution or an institution-affiliated party.
(b)Receiverships and conservatorships
After the appointment of the Corporation as the receiver or conservator for a depository institution, the Corporation may enforce any condition or agreement described in paragraph (1) or (2) of subsection (a) imposed on or entered into with such institution or institution-affiliated party through an action brought in an appropriate United States district court.
Reference
Citations & Metadata
Citation
12 U.S.C. § 1831aa
Title 12, Banks and Banking
Last Updated
Sep 22, 2026
Release point: 119-110