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12 U.S.C. § 2268 — Jurisdiction and enforcement
Federal law — U.S. Code and appendices · legal_authorities
The Farm Credit Administration may in its discretion apply to the United States district court, or the United States court of any territory, within the jurisdiction of which the home office of the institution is located, for the enforcement of any effective and outstanding notice or order issued under this part, and such courts shall have jurisdiction and power to order and require compliance herewith; but except as otherwise provided in this part no court shall have jurisdiction to affect by injunction or otherwise the issuance or enforcement of any notice or order under this part, or to review, modify, suspend, terminate, or set aside any such notice or order. For purposes of this section, any directive issued under section 2154(b)(2), 2154a(e), or 2202a(h) of this title shall be treated as an effective and outstanding order issued under [section 2261 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section2261&num=0&edition=prelim) that has become final.
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Source file: Laws/federal/codes/united-states-code/title-12/section-2268-jurisdiction-and-enforcement--9e33ae00d1.md
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Source location: Title 12, Chapter 23, § 2268; chapter-023-farm-credit-system.md
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The Farm Credit Administration may in its discretion apply to the United States district court, or the United States court of any territory, within the jurisdiction of which the home office of the institution is located, for the enforcement of any effective and outstanding notice or order issued under this part, and such courts shall have jurisdiction and power to order and require compliance herewith; but except as otherwise provided in this part no court shall have jurisdiction to affect by injunction or otherwise the issuance or enforcement of any notice or order under this part, or to review, modify, suspend, terminate, or set aside any such notice or order. For purposes of this section, any directive issued under section 2154(b)(2), 2154a(e), or 2202a(h) of this title shall be treated as an effective and outstanding order issued under [section 2261 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section2261&num=0&edition=prelim) that has become final.
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Federal law — U.S. Code and appendices · legal_authorities
### Statutory Notes
Section, Pub. L. 92–181, title VIII, § 8.38, as added Pub. L. 104–105, title I, § 117, Feb. 10, 1996, 110 Stat. 168, related to recapitalization of Corporation.
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Federal law — U.S. Code and appendices · legal_authorities
Whenever it is determined by the Farm Credit Administration, or by judicial decision, that a State law is applicable to the obligations and securities authorized to be held by the institutions of the System under this chapter, which law would provide insufficient protection or inadequate safeguards against loss in the event of default, the Farm Credit Administration may declare such obligations or securities to be ineligible as collateral for the issuance of new notes, bonds, debentures, and other obligations under this chapter.
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Federal law — U.S. Code and appendices · legal_authorities
Page 1369
TITLE 12—BANKS AND BANKING
§ 2268
after the date on which the party ceased to be
an institution-affiliated party with respect to
the applicable Farm Credit System institution.
(d) Applicability
The date on which a party ceases to be an in-
stitution-affiliated party described in subsection
(c) may occur before, on, or after December 20,
2018.
(Pub. L. 92–181, title V, § 5.31A, as added Pub. L.
115–334, title V, § 5407, Dec. 20, 2018, 132 Stat.
4677.)
§ 2268. Penalty
(a) Forfeiture and payment; compromise, modi-
fication, or remitting by Farm Credit Admin-
istration; assessment and collection by writ-
ten notice
Any institution in the System that violates or
any officer, director, employee, agent, or other
person participating in the conduct of the af-
fairs of such an institution who violates the
terms of any order that has become final and
was issued under section 2261 or 2262 of this title,
shall forfeit and pay a civil penalty of not more
than $1,000 per day for each day during which
such violation continues. Any such institution
or person who violates any provision of this
chapter or any regulation issued under this
chapter shall forfeit and pay a civil penalty of
not more than $500 per day for each day during
which
such
violation
continues.
Notwith-
standing the preceding sentences, the Farm
Credit Administration may, in its discretion,
compromise, modify, or remit any civil money
penalty that is subject to imposition or has been
imposed under such authority. The penalty may
be assessed and collected by the Farm Credit
Administration by written notice.
(b) Factors determining amount
Before determining whether to assess a civil
money penalty and determining the amount of
such penalty, the Farm Credit Administration
sh
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