Federal · Title 12 — Banks and Banking

12 U.S.C. § 4636b: Criminal penalty

Felony

What this law says, in plain English

A person subject to a regulatory order who knowingly participates in a regulated entity's affairs without written Director approval may be fined up to $1,000,000, imprisoned up to 5 years, or both.

Read the full statutory text

Whoever, being subject to an order in effect under section 4636a of this title , without the prior written approval of the Director, knowingly participates, directly or indirectly, in any manner (including by engaging in an activity specifically prohibited in such an order) in the conduct of the affairs of any regulated entity shall, notwithstanding section 3571 of title 18 , be fined not more than $1,000,000, imprisoned for not more than 5 years, or both.

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This page is legal information, not legal advice. Code text is sourced from official publications and may lag amendments — always confirm at the official source linked above. Plain-English summaries and relationship data are AI-derived and reviewed on an ongoing basis; verify with a licensed attorney before acting.