12 U.S.C. § 1831aa : US Code - Section 1831AA: Enforcement of agreements

Search 12 U.S.C. § 1831aa : US Code - Section 1831AA: Enforcement of agreements

(a) In general
Notwithstanding clause (i) or (ii) of section 1818(b)(6)(A) of
this title or section 1831o(e)(2)(E)(i) of this title, the
appropriate Federal banking agency for a depository institution may
enforce, under section 1818 of this title, the terms of -
(1) any condition imposed in writing by the agency on the
depository institution or an institution-affiliated party in
connection with any action on any application, notice, or other
request concerning the depository institution; or
(2) any written agreement entered into between the agency and
the depository institution or an institution-affiliated party.
(b) Receiverships and conservatorships
After the appointment of the Corporation as the receiver or
conservator for a depository institution, the Corporation may
enforce any condition or agreement described in paragraph (1) or
(2) of subsection (a) imposed on or entered into with such
institution or institution-affiliated party through an action
brought in an appropriate United States district court.
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