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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 12 U.S.C. § 1954 Injunctions us united_states_code code_section 12 BANKS AND BANKING 21 FINANCIAL RECORDKEEPING 1954 12 U.S.C. § 1954 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc12@119-100.zip /us/usc/t12/s1954 data/legal/raw/us/code/title-12/usc12.xml fa76dbb4565c5c60432d986acfa8fc68f5e5d96a993c30f3d290ff6915a91570 e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa 9316b91ea2ac6964ebe4dd417c017e3b0dfae3a03f9181c2e0c9cb273233c8b4 2026-07-04 official
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12 U.S.C. § 1954 - Injunctions

Text

Whenever it appears to the Secretary that any person has engaged, is engaged, or is about to engage in any acts or practices constituting a violation of any regulation under this chapter, he may in his discretion bring an action, in the proper district court of the United States or the proper United States court of any territory or other place subject to the jurisdiction of the United States, to enjoin such acts or practices, and upon a proper showing a permanent or temporary injunction or restraining order shall be granted without bond. Upon application of the Secretary, any such court may also issue mandatory injunctions commanding any person to comply with any regulation of the Secretary under this chapter.

(Pub. L. 91508, title I, § 124, Oct. 26, 1970, 84 Stat. 1117.)

Notes

Statutory Notes and Related Subsidiaries

Effective DateSection effective on first day of seventh calendar month which begins after Oct. 26, 1970, except that the Secretary of the Treasury may, by regulation, provide that this section be effective on any date not earlier than the publication of such regulations in the Federal Register and not later than first day of thirteenth calendar month which begins after Oct. 26, 1970, see section 401(a), (b) of Pub. L. 91508, set out as a note under section 1951 of this title.