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12 U.S.C. § 4624 — Repealed. Pub. L. 110–289, div. A, title I, § 1145(b)(4), July 30, 2008, 122 Stat. 2767

Federal law — U.S. Code and appendices · legal_authorities

12 U.S.C. § 4624 — Repealed. Pub. L. 110–289, div. A, title I, § 1145(b)(4), July 30, 2008, 122 Stat. 2767

### Statutory Notes Section 4619, Pub. L. 102–550, title XIII, § 1369, Oct. 28, 1992, 106 Stat. 3981; Pub. L. 110–289, div. A, title I, § 1161(a)(6), July 30, 2008, 122 Stat. 2779, related to appointment of conservators. Section 4620, Pub. L. 102–550, title XIII, § 1369A, Oct. 28, 1992, 106 Stat. 3983, related to powers of conservators. Section 4621, Pub. L. 102–550, title XIII, § 1369B, Oct. 28, 1992, 106 Stat. 3984, related to liability protection for conservators.

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Source file: Laws/federal/codes/united-states-code/title-12/section-4624-repealed-pub-l-110289-div-a-title-i-1145-b-4-july-30-2008-122-stat-2767--11bdb508bf.md
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Source location: Title 12, Chapter 46, § 4624; chapter-046-government-sponsored-enterprises.md

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Federal law — U.S. Code and appendices · legal_authorities

12 U.S.C. § 4624 — Reviews of enterprise assets and liabil-

Page 1714 TITLE 12—BANKS AND BANKING § 4624 1 See References in Text note below. title or a discretionary supervisory action taken under this subchapter by the Director (other than action to appoint a conservator under section 4616 or 4617 of this title or action under section 4619 1 of this title) may obtain review of the classification or action by filing, within 10 days after receiving written notice of the Director’s action, a written petition re- questing that the classification or action of the Director be modified, terminated, or set aside. (2) Place for filing A petition filed pursuant to this subsection shall be filed in the United States Court of Ap- peals for the District of Columbia Circuit. (b) Scope of review The Court may modify, terminate, or set aside an action taken by the Director and reviewed by the Court pursuant to this section only if the court finds, on the record on which the Director acted, that the action of the Director was arbi- trary, capricious, an abuse of discretion, or oth- erwise not in accordance with applicable laws. (c) Unavailability of stay The commencement of proceedings for judicial review pursuant to this section shall not operate as a stay of any action taken by the Director. Pending judicial review of the action, the court shall not have jurisdiction to stay, enjoin, or otherwise delay any supervisory action taken by the Director with respect to a regulated entity that is classified as significantly or critically undercapitalized or any action of the Director that results in the classification of a regulated entity as significantly or critically under- capitalized. (d) Limitation on jurisdiction Except as provided in this section, no court shall have jurisdiction to affect, by injunction or

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