Title 12, Banks and BankingRelease 119-110

§4206 Rights of Declarants; Notifications; Government Accountability

Title 12 › CHAPTER 43 — ACTIONS AGAINST PERSONS COMMITTING BANK FRAUD CRIMES › SUBCHAPTER I — DECLARATIONS PROVIDING NEW CLAIMS TO UNITED STATES › § 4206

Last updated Sep 22, 2026|Official source

Summary

If you filed a declaration that meets the rules, you have the following rights. If the Attorney General decides not to use the information in your declaration in a civil or criminal case, the Attorney General must tell you in writing and give a short reason. If the United States gets a judgment, order, or settlement based on your valid declaration, the Attorney General must tell you in writing how much award you should get under the law and give a short reason for that amount. If the Attorney General has not already told you they won’t pursue the matter or that the declaration is invalid within the time limits below, the Attorney General must tell you in writing whether your allegations are being investigated or have not yet been addressed. Time limits: for declarations filed no more than 3 years after November 29, 1990, that notice must be sent within 3 years of filing; for declarations filed more than 3 years after November 29, 1990, the notice must be sent within 1 year of filing, but the Attorney General can ask for one extra 90 days and must tell you if they do. Any notice you receive must be kept confidential in the same way and under the same penalties as the original declaration.

Full Legal Text

Title 12, §4206

Banks and Banking, Source: USLM XML via OLRC

(a)In general
A person who has filed a declaration that meets the requirements of sections 4201 through 4204 of this title shall have the rights stated in this section.
(b)Notice of decision not to pursue
If, after review, the Attorney General concludes that the information contained in a declaration should not be pursued in a civil or criminal proceeding, the Attorney General shall so notify the declarant in writing and shall provide a brief statement of the reasons that the declaration will not be pursued.
(c)Judgment, order, or settlement
(1)When the United States obtains a judgment, order, or settlement based in whole or in part on a valid declaration filed under section 4201 of this title, the Attorney General shall notify the declarant in writing of such fact.
(2)A notice described in paragraph (1) shall contain—
(A)the Attorney General’s determination of the amount of the award due the declarant under subsection (c) or (d) of section 4205 of this title upon recovery by the United States; and
(B)a short statement of reasons for the amount of the award.
(d)Notice of pendency of investigation or proceeding
If the Attorney General has not provided the declarant with notice under subsection (b) or a notice of invalidity pursuant to section 4204 of this title within the time period set forth in subsection (e), the Attorney General shall notify the declarant in writing that—
(1)there is a pending investigation or proceeding in the course of which the declarant’s allegations are being addressed; or
(2)the declarant’s allegations have not yet been addressed.
(e)Time for notices
(1)In the case of a valid declaration filed not more than 3 years after November 29, 1990, the Attorney General shall send notification to a declarant pursuant to subsection (d) not later than 3 years after the date of filing of the declaration.
(2)(A)Subject to subparagraph (B), in the case of a declaration filed more than 3 years after November 29, 1990, the Attorney General shall send notification not later than 1 year after the date of filing of the declaration.
(B)If the Attorney General certifies that it is in the interest of the United States to give further consideration to the information provided in the declaration for an additional 90-day period, the Attorney General shall so notify the declarant in writing.
(f)Confidentiality of notices
All notices provided to a declarant under this section shall be kept confidential by the declarant in the same manner, and subject to the same penalties, as the declaration under section 4203 of this title.

Reference

Citations & Metadata

Citation

12 U.S.C. § 4206

Title 12, Banks and Banking

Last Updated

Sep 22, 2026

Release point: 119-110