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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.

  1. 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. 138

  2. Pub. L. 85–791 § 34 · 72 Stat. 941

    1. 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”

    2. 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.”

  3. 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
  1. 1956May 9, 1956, ch. 240, § 9, 70 Stat. 138
  2. 1958Pub. L. 85–791, § 34, , 72 Stat. 951
  3. 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.)

Parsed from the official OLRC USLM XML in data/usc_all/usc12.xml · release point 119-108 · OLRC build 2026-07-23

USLM identifier /us/usc/t12/s1848