§ 4641. — Subpoena authority.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 12USC4641]
TITLE 12--BANKS AND BANKING
CHAPTER 46--GOVERNMENT SPONSORED ENTERPRISES
SUBCHAPTER III--ENFORCEMENT PROVISIONS
Sec. 4641. Subpoena authority
(a) In general
In the course of or in connection with any administrative proceeding
under this subchapter, the Director shall have the authority--
(1) to administer oaths and affirmations;
(2) to take and preserve testimony under oath;
(3) to issue subpoenas and subpoenas duces tecum; and
(4) to revoke, quash, or modify subpoenas and subpoenas duces
tecum issued by the Director.
(b) Witnesses and documents
The attendance of witnesses and the production of documents provided
for in this section may be required from any place in any State at any
designated place where such proceeding is being conducted.
(c) Enforcement
The Director may request the Attorney General of the United States
to bring an action in the United States district court for the judicial
district in which such proceeding is being conducted, or where the
witness resides or conducts business, or the United States District
Court for the District of Columbia, for enforcement of any subpoena or
subpoena duces tecum issued pursuant to this section or may, under the
direction and control of the Attorney General, bring such an action.
Such courts shall have jurisdiction and power to order and require
compliance therewith.
(d) Fees and expenses
Witnesses subpoenaed under this section shall be paid the same fees
and mileage that are paid witnesses in the district courts of the United
States. Any court having jurisdiction of any proceeding instituted under
this section by an enterprise may allow to any such party such
reasonable expenses and attorneys fees as the court deems just and
proper. Such expenses and fees shall be paid by the enterprise or from
its assets.
(Pub. L. 102-550, title XIII, Sec. 1379B, Oct. 28, 1992, 106 Stat.
3994.)
Section Referred to in Other Sections
This section is referred to in section 4517 of this title.
