WHAT THE LAW DOINCongress, in plain words

The law › Title 12, Banks and Banking › Chapter 17

12 U.S.C. 1847: Penalties

Created in 1978 by Public Law 95-630. Changed by 2 later laws. No bill we track in this Congress changes it.

2 other sections of the Code cite this one, including 15 U.S.C. 78o–5, 15 U.S.C. 78q.

1 part of federal rules cite it as their authority, written by Federal Reserve System (1).

This Congress

No bill we track in the 119th Congress changes this section.

    How it got here

    1989

    • Pub. L. 101–73, §907(j)(1), substituted heading and pars. (1) and (2) for first two sentences which read as follows: "Any company which willfully violates any provision of this chapter, or any regulation or order issued by the Board pursuant thereto, shall upon conviction be fined not … · (a)
    • Pub. L. 101–73, §907(j)(2), added headings and amended text generally. Prior to amendment, subsec. (b) read as follows: · (b)
    • Pub. L. 101–73, §905(i), added subsec. (c). · (c)
    • Pub. L. 101–73, §911(e), added subsec. (d). · (d)

    1982

    • Pub. L. 97–320 inserted proviso giving the Board discretionary authority to compromise, etc., any civil money penalty imposed under this subsection, and substituted "may be assessed" for "shall be assessed". · (b)

    1978

    • Pub. L. 95–630 designated existing provisions as subsec. (a) and added subsec. (b).

    Text, outline and history from the official U.S. Code (2024 edition) on GovInfo, published by the Office of the Law Revision Counsel. Changes made after that edition appear under This Congress.