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12 U.S.C. § 4226 — Rights of declarants; notifications; Gov-

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

12 U.S.C. § 4226 — Rights of declarants; notifications; Gov-

Page 1624 TITLE 12—BANKS AND BANKING § 4226 1 See References in Text note below. (e) Appropriate Federal banking agency excep- tion For purposes of this section, funds or assets acquired by the United States shall not include any funds or assets acquired by any appropriate Federal banking agency acting in any capacity or the Resolution Trust Corporation acting in any capacity, except for any civil money pen- alties recovered by a Federal banking agency through a final judgement, order, or settlement. (Pub. L. 101–647, title XXV, § 2580, Nov. 29, 1990, 104 Stat. 4901.) Editorial Notes REFERENCES IN TEXT Section 3509A of title 18, referred to in subsec. (d), probably is a reference to former section 3059A of title 18, which was repealed by Pub. L. 107–273, div. A, title III, § 301(c)(2), Nov. 2, 2002, 116 Stat. 1781. § 4226. Rights of declarants; notifications; Gov- ernment accountability (a) In general A person who has filed a declaration that meets the requirements of sections 4221 through 4224 of this title shall have the rights stated in this section. (b) Notice of decision not to pursue If, after review, the Attorney General con- cludes that the information contained in a dec- laration should not be pursued in a proceeding to recover the asset or assets, the Attorney Gen- eral 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 final judgment, order, or settlement transferring to the United States title to an asset or assets identified in a valid declaration filed under sec- tion 4221 1 of this title, the Attorney General shall notify the declarant in writing of the entry of the judg

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Stable record: federal_law:legal_authorities:usc2024-d70c9dec81d54408a9e84a93
Source file: Laws/federal/codes/united-states-code-2024/title-12/section-4226-rights-of-declarants-notifications-gov--b786e8171c.md
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Source location: USCODE-2024-title12-chap43-subchapII-sec4226.pdf

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Page 1624 TITLE 12—BANKS AND BANKING § 4226 1 See References in Text note below. (e) Appropriate Federal banking agency excep- tion For purposes of this section, funds or assets acquired by the United States shall not include any funds or assets acquired by any appropriate Federal banking agency acting in any capacity or the Resolution Trust Corporation acting in any capacity, except for any civil money pen- alties recovered by a Federal banking agency through a final judgement, order, or settlement. (Pub. L. 101–647, title XXV, § 2580, Nov. 29, 1990, 104 Stat. 4901.) Editorial Notes REFERENCES IN TEXT Section 3509A of title 18, referred to in subsec. (d), probably is a reference to former section 3059A of title 18, which was repealed by Pub. L. 107–273, div. A, title III, § 301(c)(2), Nov. 2, 2002, 116 Stat. 1781. § 4226. Rights of declarants; notifications; Gov- ernment accountability (a) In general A person who has filed a declaration that meets the requirements of sections 4221 through 4224 of this title shall have the rights stated in this section. (b) Notice of decision not to pursue If, after review, the Attorney General con- cludes that the information contained in a dec- laration should not be pursued in a proceeding to recover the asset or assets, the Attorney Gen- eral 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 final judgment, order, or settlement transferring to the United States title to an asset or assets identified in a valid declaration filed under sec- tion 4221 1 of this title, the Attorney General shall notify the declarant in writing of the entry of the judgment, order, or settlement. (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 section 4225(c) of this title upon recov- ery by the United States; and (B) a short statement of reasons for the amount of the award. (d) Notice of pendency of investigation or pro- ceeding (1) Subject to paragraph (2), if the Attorney General has not provided the declarant with no- tice under subsection (b) or a notice of inva- lidity pursuant to section 4224 of this title with- in 1 year after the date of filing of the declara- tion, the Attorney General shall notify the de- clarant in writing that— (A) there is a pending investigation or pro- ceeding in the course of which the declarant’s allegations are being addressed; or (B) the declarant’s allegations have not yet been addressed. (2) If the Attorney General certifies that it is in the interest of the United States to give fur- ther consideration to the information provided in the declaration for an additional 90-day pe- riod, the Attorney General shall so notify the declarant in writing. (e) Confidentiality of notices All notices provided to a declarant under this section shall be kept confidential by the declar- ant in the same manner, and subject to the same penalties, as the declaration under section 4223 of this title. (Pub. L. 101–647, title XXV, § 2581, Nov. 29, 1990, 104 Stat. 4902.) Editorial Notes REFERENCES IN TEXT Section 4221 of this title, referred to in subsec. (c)(1), was in the original ‘‘section 831’’, and was translated as reading ‘‘section 2576’’, meaning section 2576 of Pub. L. 101–647, as the probable intent of Congress, because Pub. L. 101–647 does not contain a section 831. § 4227. Unreviewed declarations; petition to pur- sue action as private contractor (a) Notification (1) If, pursuant to section 4226(d)(1)(B) of this title, the Attorney General notifies a declarant that the declarant’s allegations have not yet been addressed, the declarant may notify the Attorney General to award a contract pursuant to subchapter III to pursue the case. (2) A declarant’s notification under paragraph (1) shall be filed with the Attorney General not later than 30 days after the date of service of no- tice under section 4226(d)(1)(B) of this title, and the Attorney General shall respond to the noti- fication not later than 30 days after receipt. (b) Contents of response In response to a notification under subsection (a)(1), the Attorney General shall— (1) grant a contract pursuant to subchapter III; or (2) proceed with an action. (c) Grant of contract If the Attorney General decides to grant a con- tract, the declarant, after consultation with the Attorney General, shall have the right to select counsel to prosecute an action, and the declar- ant and the declarant’s counsel shall act in ac- cordance with subchapter III. (Pub. L. 101–647, title XXV, § 2582, Nov. 29, 1990, 104 Stat. 4903.) § 4228. Nonreviewability of action by Attorney General Notwithstanding any other law, no court shall have jurisdiction over any claim based on any action taken by the Attorney General or any re- fusal to take action under this subchapter, ex- cept for failure to provide notification under section 4226 of this title. (Pub. L. 101–647, title XXV, § 2583, Nov. 29, 1990, 104 Stat. 4903.)

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

12 U.S.C. § 4226 — Rights of declarants; notifications; Government accountability

**(a) In general** A person who has filed a declaration that meets the requirements of sections 4221 through 4224 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 proceeding to recover the asset or assets, 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 final judgment, order, or settlement transferring to the United States title to an asset or assets identified in a valid declaration filed under section 4221 11 See References in Text note below. of this title, the Attorney General shall notify the declarant in writing of the entry of the judgment, order, or settlement. (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 [section 4225(c) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section4225/c&num=0&edition=prelim) 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** (1) Subject to paragraph (2), if the Attorney General has not provided the declarant with notice under subsection (b) or a notice of invalidity pursuant to [section 4224 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section4224&num=0&edition=prelim) within 1 year after the date of filing of the declaration, the Attorney General shall notify the declarant in writing tha

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