§ 1848. — Judicial review.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 12USC1848]
TITLE 12--BANKS AND BANKING
CHAPTER 17--BANK HOLDING COMPANIES
Sec. 1848. Judicial review
Any party aggrieved by an order of the Board under this chapter may
obtain a review of such order in the United States Court of Appeals
within any circuit wherein such party has its principal place of
business or in the Court of Appeals in the District of Columbia, by
filing in the court, within thirty days after the entry of the Board's
order, a petition praying that the order of the Board be set aside. A
copy of such petition shall be forthwith transmitted to the Board by the
clerk of the court, and thereupon the Board shall file in the court the
record made before the Board, as provided in section 2112 of title 28.
Upon the filing of such petition the court shall have the jurisdiction
to affirm, set aside, or modify the order of the Board and to require
the Board to take such action with regard to the matter under review as
the court deems proper. The findings of the Board as to the facts, if
supported by substantial evidence, shall be conclusive.
(May 9, 1956, ch. 240, Sec. 9, 70 Stat. 138; Pub. L. 85-791, Sec. 34,
Aug. 28, 1958, 72 Stat. 951; Pub. L. 89-485, Sec. 10, July 1, 1966, 80
Stat. 240.)
Amendments
1966--Pub. L. 89-485 reduced from 60 to 30 days the period allowed
for the filing of a petition to obtain judicial review of a Board order.
1958--Pub. L. 85-791 substituted, in second sentence, ``transmitted
to the Board by the clerk of the court, and thereupon the Board shall
file in the court the record made before the Board, as provided in
section 2112 of title 28'' for ``served upon the Board, and thereupon
the Board shall certify and file in the court a transcript of the record
made before the Board'', and in third sentence, ``such petition'' for
``the transcript''.
Section Referred to in Other Sections
This section is referred to in sections 1844, 1850 of this title.
