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12 U.S.C. § 1831k

Title 12 Chapter 16 Current through PL 119-73 Last updated: March 29, 2026 View on OLRC →
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§ 1831k. Reward for information leading to recoveries or civil penalties

  • (a) An appropriate Federal banking agency, with the concurrence of the Attorney General, may pay a reward to a person who provides original information which leads to—
    • (1) recovery of a criminal fine, restitution, or civil penalty—
      • (A) under—
        • (i) this chapter;
        • (ii) the Federal Credit Union Act [ 12 U.S.C. 1751 et seq.];
        • (iii) section 93(b), 164, or 481 to 485 of this title;
        • (iv) the Federal Reserve Act [ 12 U.S.C. 221 et seq.];
        • (v) the Bank Holding Company Act Amendments of 1970;
        • (vi) the Bank Holding Company Act of 1956 [ 12 U.S.C. 1841 et seq.];
        • (vii) the Home Owners’ Loan Act [ 12 U.S.C. 1461 et seq.]; or
        • (viii) section 3663 of title 18 pursuant to a conviction for an offense referred to in subparagraph (B) of this paragraph,
      • (B) pursuant to a conviction for an offense under section 215, 656, 657, 1005, 1006, 1007, 1014, 1341, 1343, or 1344 of title 18 affecting a depository institution insured by the Federal Deposit Insurance Corporation, or for a conspiracy to commit such an offense; or
      • (C) under section 1833a of this title ; or
    • (2) a forfeiture under section 981 or 982 of title 18 that arises in connection with a depository institution insured by the Federal Deposit Insurance Corporation.
  • (b) An appropriate Federal banking agency may not pay a reward under subsection (a) of more than 25 percent of the amount of the fine, penalty, restitution, or forfeiture or $100,000, whichever is less.
  • (c) An appropriate Federal banking agency may not pay a reward under subsection (a) to—
    • (1) an officer or employee of the United States or of a State or local government who provides information described in subsection (a), obtained in the performance of official duties; or
    • (2) a person who—
      • (A) deliberately causes or participates in the alleged violation of law or regulation, or
      • (B) knowingly or recklessly provides substantially false information to such an agency or the Attorney General.
  • (d) Any agency decision under this section is final and not reviewable by any court.

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