Title 12 — Banks and Banking
Chapter 43 — Actions Against Persons Committing Bank Fraud Crimes
§ 4244. Contract provisions
Statutory text
A contract made with a private counsel under section 4241 of this title shall include—
a provision permitting the Attorney General to terminate either the contract or the private counsel’s representation of the United States in particular cases if the Attorney General finds that such action is in the best interests of the United States;
a provision requiring private counsel to transmit monthly to the Attorney General a report on the services relating to matters handled pursuant to the contract during the preceding month and the progress made during that period; and
a provision requiring that the initiation, settlement, dismissal, or compromise of a claim be approved by a duly appointed officer of the United States.
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.
Financial Institutions Anti-Fraud Enforcement Act of 1990
Pub. L. 101–647 title XXV § 2591 · 104 Stat. 4789
Enacted · 12 U.S.C. § 4244
(Pub. L. 101–647, title XXV, § 2591, Nov. 29, 1990, 104 Stat. 4906.)
Source evidence
Code source credit
(Pub. L. 101–647, title XXV, § 2591, Nov. 29, 1990, 104 Stat. 4906.)Enacted provision · exact public law section
SEC. 2591. CONTRACT PROVISIONS. A contract made with a private counsel under section 2588 shall include— (1) a provision permitting the Attorney General to terminate either the contract or the private counsel’s representation of the United States in particular cases if the Attorney General finds that such action is in the best interests of the United States; (2) a provision requiring private counsel to transmit monthly to the Attorney General a report on the services relating to matters handled pursuant to the contract during the preceding month and the progress made during that period; and (3) a provision requiring that the initiation, settlement, dismissal, or compromise of a claim be approved by a duly appointed officer of the United States.
1 of 1 references resolved to an enrolled provision