Financial Institutions Supervisory and Insurance Act of 1966: Hearings, Eighty-ninth Congress, Second Session
U.S. Government Printing Office, 1966 - 266 páginas
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accounts action Administration affairs agency amended and/or appeals apply appoint appropriate association authority believe bill breach cause cease and desist cease-and-desist order Chairman charges committee concerned conduct Congress consent conservator Corporation COURSHON desist order determine director or officer dishonesty district court effective evidence examinations existing fact Federal Home Loan final further give hearing Home Loan Bank HORNE House industry institution insured interest involving issued judicial legislation licensee limited loan associations Loan Bank Board notice operation paragraph participation party passed person practice present procedure proceedings prohibition proposed protect question reasonable receiver record regulation removal Representatives Reserve respect rule savings and loan Senate served Small Business specified statement subsection substantial supervisory suspension termination thereof tion United unless unsafe or unsound unsound practice violation written
Página 162 - ... arbitrary, capricious, an abuse of discretion, or otherwise not in accordance with law; (2) contrary to constitutional right, power, privilege, or immunity; (3) in excess of statutory jurisdiction, authority, or limitations, or short of statutory right...
Página 5 - A copy of such petition shall be forthwith transmitted by the clerk of the court to the Board and thereupon the aggrieved party shall file in the court the record in the proceeding certified by the Board as provided in section 2112 of title 28, United States Code.
Página 19 - Until a transcript of the record in such hearing shall have been filed in a circuit court of appeals of the United States, as hereinafter provided, the commission or board may at any time, upon such notice and in such manner as it shall deem proper, modify or set aside, in whole or in part, any report or any order made or issued by it under this section.
Página 66 - It is the declared policy of the Congress that the Government should aid, counsel, assist, and protect insofar as is possible the interests of small business concerns in order to preserve free competitive enterprise...
Página 26 - ... (1) Any person, partnership, or corporation who violates an order of the Commission to cease and desist after it has become final, and while such order is in effect, shall forfeit and pay to the United States a civil penalty of not more than $5,000 for each violation, which shall accrue to the United States and may be recovered in a civil action brought by the United States.
Página 162 - To the extent necessary to decision and when presented, the reviewing court shall decide all relevant questions of law, interpret constitutional and statutory provisions, and determine the meaning or applicability of the terms of an agency action.
Página 22 - Third. To make contracts. Fourth. To sue and be sued, complain and defend, in any court of law or equity.
Página 12 - Board be modified, terminated, or set aside. A copy of such petition shall be forthwith transmitted by the clerk of the court to the...
Página 3 - Directors may serve upon such director, officer, or other person a written notice of its intention to remove him from office and/or to prohibit his further participation in any manner in the conduct of the affairs of the bank.