Title 12 — Banks and BankingRelease 119-73not60
§1831aa Enforcement of Agreements
Title 12 › Chapter 16— FEDERAL DEPOSIT INSURANCE CORPORATION › § 1831aa
Summary
A federal banking agency may, under section 1818, enforce any written condition it put on a bank or on a person tied to the bank, and any written agreement between the agency and the bank or those people. If the Corporation is appointed receiver or conservator, it may enforce them by suing in a U.S. district court.
Full Legal Text
Title 12, §1831aa
Banks and Banking — Source: USLM XML via OLRC
(a)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)any condition imposed in writing by the agency on the depository institution or an institution-affiliated party in connection with any action on any application, notice, or other request concerning the depository institution; or
(2)any written agreement entered into between the agency and the depository institution or an institution-affiliated party.
(b)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
Apr 3, 2026
Release point: 119-73not60