Title 12 — Banks and Banking
Chapter 22 — Tying Arrangements
§ 1973. Jurisdiction of courts; duty of United States attorneys; equitable proceedings; petition; expedition of cases; temporary restraining orders; bringing in additional parties; subpenas
Statutory text
The district courts of the United States have jurisdiction to prevent and restrain violations of section 1972 of this title and it is the duty of the United States attorneys, under the direction of the Attorney General, to institute proceedings in equity to prevent and restrain such violations. The proceedings may be by way of a petition setting forth the case and praying that the violation be enjoined or otherwise prohibited. When the parties complained of have been duly notified of the petition, the court shall proceed, as soon as possible, to the hearing and determination of the case. While the petition is pending, and before final decree, the court may at any time make such temporary restraining order or prohibition as it deems just. Whenever it appears to the court that the ends of justice require that other parties be brought before it, the court may cause them to be summoned whether or not they reside in the district in which the court is held, and subpenas to that end may be served in any district by the marshal thereof.
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.
Bank Holding Company Act Amendments of 1970
Pub. L. 91–607 title I § 106(c) · 84 Stat. 1760
Enacted · 12 U.S.C. § 1973
(Pub. L. 91–607, title I, § 106(c), Dec. 31, 1970, 84 Stat. 1767.)
Source evidence
Code source credit
(Pub. L. 91–607, title I, § 106(c), Dec. 31, 1970, 84 Stat. 1767.)Enacted provision · exact public law section
(c) The district courts of the United States have jurisdiction to U.S. district courts, jurisdiction. prevent and restrain violations of subsection (b) of this section and it is the duty of the United States attorneys, under the direction of the Attorney General, to institute proceedings in equity to prevent and restrain such violations. The proceedings may be by way of a petition setting forth the case and praying that the violation be enjoined or otherwise prohibited. When the parties complained of have been duly notified of the petition, the court shall proceed, as soon as possible, to the hearing and determination of the case. While the petition is pending, and before final decree, the court, may at any time make such temporary restraining order or prohibition as it deems just. Whenever it Subpena power. appears to the court that the ends of justice require that other parties be brought before it, the court may cause them to be summoned whether or not they reside in the district in which the court is held, and subpenas to that end may be served in any district by the marshal thereof.
1 of 1 references resolved to an enrolled provision