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Code · BILL · 113th Congress · H.R. 5758 (Introduced in House) — To provide requirements for the appropriate Federal banking agencies when requesting or ordering a depository institu... · Sec. 3

Sec. 3. Amendments to the Financial Institutions Reform, Recovery, and Enforcement Act of 1989

170 words·~1 min read·/bill/113/hr/5758/ih/section-3

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Section 951 of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (12 U.S.C. 1833a) is amended— in subsection (c)(2), by striking affecting and inserting by or against ; and in subsection (g)— in the header, by striking and inserting subpoenas ; and investigations by amending paragraph (1)(C) to read as follows: summon witnesses and require the production of any books, papers, correspondence, memoranda, or other records which the Attorney General deems relevant or material to the inquiry, if the Attorney General— requests a court order from a court of competent jurisdiction for such actions and offers specific and articulable facts showing that there are reasonable grounds to believe that the information or testimony sought is relevant and material for conducting an investigation under this section; or either personally or through delegation no lower than the Deputy Attorney General, issues and signs a subpoena for such actions and has reasonable grounds to believe that the information or testimony sought is relevant for conducting an investigation under this section. .
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Sec. 3
Amendments to the Financial Institutions Reform, Recovery, and Enforcement Act of 1989
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