12-U.S.C.-4583
§4583 – Judicial Review
Pathway
Title 12 > Chapter 46 > Subchapter I > Part B > Subpart 3 > Section 4583
Details
- Reference: Section 4583
- Legend: §4583 – Judicial Review
- USCode Year: 2013
Provision Content
(a) Commencement
An enterprise that is a party to a proceeding under section 4581 or 4585 of this title may obtain review of any final order issued under such section by filing in the United States Court of Appeals for the District of Columbia Circuit, within 30 days after the date of service of such order, a written petition praying that the order of the Director be modified, terminated, or set aside. The clerk of the court shall transmit a copy of the petition to the Director.
(b) Filing of record
Upon receiving a copy of a petition, the Director shall file in the court the record in the proceeding, as provided in section 2112 of title 28.
(c) Jurisdiction
Upon the filing of a petition, such court shall have jurisdiction, which upon the filing of the record by the Director shall (except as provided in the last sentence of section 4582(b)(2) of this title) be exclusive, to affirm, modify, terminate, or set aside, in whole or in part, the order of the Director.
(d) Review
Review of such proceedings shall be governed by chapter 7 of title 5.
(e) Order to pay penalty
Such court shall have the authority in any such review to order payment of any penalty imposed by the Director under this subpart.
(f) No automatic stay
The commencement of proceedings for judicial review under this section shall not, unless specifically ordered by the court, operate as a stay of any order issued by the Director.
(Pub. L. 102–550, title XIII, §1343, Oct. 28, 1992, 106 Stat. 3966; Pub. L. 110–289, div. A, title I, §1130(e)(3)(B), July 30, 2008, 122 Stat. 2711.)
Amendments
2008—Pub. L. 110–289 substituted Director for Secretary wherever appearing.
U.S. Encyclopedia of Law Coverage
12-U.S.C.-4546 in the Legal Encyclopedia: Banking Law
In this entry about 12-U.S.C.-4546, find legal reference material, bibliographies and premiere content related to banking law in the American Encyclopedia of Law, presenting a comprehensive view of the United States banking law-specific issues, written by authorities in the field.
12-U.S.C.-4581 in the Legal Encyclopedia: Government Sponsored Enterprises
In this entry about 12-U.S.C.-4581, find legal reference material, bibliographies and premiere content related to government sponsored enterprises in the American Encyclopedia of Law, presenting a comprehensive view of the United States government sponsored enterprises-specific issues, written by authorities in the field.
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