12 USC 4641 - Subpoena authority

U.S Code last checked for updates: Apr 29, 2024

§ 4641.

Subpoena authority

(a)

In general

In the course of or in connection with any proceeding, examination, or investigation under this chapter, the Director or any designated representative thereof, including any person designated to conduct any hearing under this subchapter shall have the authority—

(1)

to administer oaths and affirmations;

(2)

to take and preserve testimony under oath;

(3)

to issue subpoenas and subpoenas duces tecum; and

(4)

to revoke, quash, or modify subpoenas and subpoenas duces tecum.

(b)

Witnesses and documents

(c)

Enforcement

(1)

In general

(2)

Power of court

(d)

Fees and expenses

(e)

Penalties

A person shall be guilty of a misdemeanor, and upon conviction, shall be subject to a fine of not more than $1,000 or to imprisonment for a term of not more than 1 year, or both, if that person willfully fails or refuses, in disobedience of a subpoena issued under subsection (c), to—

(1)

attend court;

(2)

testify in court;

(3)

answer any lawful inquiry; or

(4)

produce books, papers, correspondence, contracts, agreements, or such other records as requested in the subpoena.

(Pub. L. 102–550, title XIII, § 1379D, formerly § 1379B, Oct. 28, 1992, 106 Stat. 3994; renumbered § 1379D and amended Pub. L. 110–289, div. A, title I, §§ 1153(a)(1), 1156(b)(4), 1158, July 30, 2008, 122 Stat. 2770, 2777, 2778.)

cite as: 12 USC 4641