12 U.S.C. § 1977 : US Code - Section 1977: Limitation of actions; suspension of limitations

Search 12 U.S.C. § 1977 : US Code - Section 1977: Limitation of actions; suspension of limitations

(1) Subject to paragraph (2) of this section, any action to
enforce any cause of action under this chapter shall be forever
barred unless commenced within four years after the cause of action
accrued.
(2) Whenever any enforcement action is instituted by or on behalf
of the United States with respect to any matter which is or could
be the subject of a private right of action under this chapter, the
running of the statute of limitations in respect of every private
right of action arising under this chapter and based in whole or in
part on such matter shall be suspended during the pendency of the
enforcement action so instituted and for one year thereafter:
Provided, That whenever the running of the statute of limitations
in respect of a cause of action arising under this chapter is
suspended under this paragraph, any action to enforce such cause of
action shall be forever barred unless commenced either within the
period of suspension or within the four-year period referred to in
paragraph (1) of this section.