12 U.S.C. § 1955 : US Code - Section 1955: Civil penalties

Search 12 U.S.C. § 1955 : US Code - Section 1955: Civil penalties

(a) For each willful or grossly negligent violation of any
regulation under this chapter, the Secretary may assess upon any
person to which the regulation applies, or any person willfully
causing a violation of the regulation, and, if such person is a
partnership, corporation, or other entity, upon any partner,
director, officer, or employee thereof who willfully or through
gross negligence participates in the violation, a civil penalty not
exceeding $10,000.
(b) In the event of the failure of any person to pay any penalty
assessed under this section, a civil action for the recovery
thereof may, in the discretion of the Secretary, be brought in the
name of the United States.