Title 12 — Banks and Banking
Chapter 17 — Bank Holding Companies
§ 1848. Judicial review
Statutory text
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.
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
May 9, 1956, ch. 240, § 9, 70 Stat. 138 · 70 Stat. 138
Enacted · 12 U.S.C. § 1848
May 9, 1956, ch. 240, § 9, 70 Stat. 138
Source evidence
Code source credit
May 9, 1956, ch. 240, § 9, 70 Stat. 138Pub. L. 85–791 § 34 · 72 Stat. 941
Substituted · 12 U.S.C. § 1848
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”
Substituted · 12 U.S.C. § 1848
Pub. L. 85–791 substituted, in second sentence, “such petition” for “the transcript”
Source evidence
Code amendment note
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”.Enacted provision · exact public law section
Sec. 34. The second and third sentences of section 9 of the Bank Federal Reserve. 12 USC 1848. Holding Company Act of 1956 (70 Stat. 138) are amended to read as follows: “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, United States Code. Upon the filing of such petition the court shall have 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.”Pub. L. 89–485 § 10 · 80 Stat. 236
Changed · 12 U.S.C. § 1848
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
Source evidence
Code amendment note
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.Enacted provision · exact public law section
Sec. 10. The first sentence of section 9 of the Bank Holding Company Act of 1956 (12 U.S.C. 1848) is amended by striking out “sixty” and inserting “thirty”.
3 of 4 references resolved to an enrolled provision · 1 partial
Editorial Notes
Amendments1958–1966 · 2 rounds
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”.
Credits
1956–1966 · 3 acts
- 1956May 9, 1956, ch. 240, § 9, 70 Stat. 138
- 1958Pub. L. 85–791, § 34, , 72 Stat. 951
- 1966Pub. L. 89–485, § 10, , 80 Stat. 240.
Show as published
(May 9, 1956, ch. 240, § 9, 70 Stat. 138; Pub. L. 85–791, § 34, , 72 Stat. 951; Pub. L. 89–485, § 10, , 80 Stat. 240.)