
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 12USC2273]

 
                       TITLE 12--BANKS AND BANKING
 
                     CHAPTER 23--FARM CREDIT SYSTEM
 
          SUBCHAPTER V--FARM CREDIT ADMINISTRATION ORGANIZATION
 
        Part C--Enforcement Powers of Farm Credit Administration
 
Sec. 2273. Ancillary provisions; subpena power; etc.

    In the course of or in connection with any proceeding under this 
part or any examination or investigation under this chapter, the Farm 
Credit Administration or any designated representative thereof, 
including any person designated to conduct any hearing under this part, 
shall have the power to administer oaths and affirmations, to take or 
cause to be taken depositions, and to issue, revoke, quash, or modify 
subpenas and subpenas duces tecum; and the Farm Credit Administration is 
empowered to make rules and regulations with respect to any such 
proceedings, examinations, or investigations. The attendance of 
witnesses and the production of documents provided for in this section 
may be required from any place in any State or in any territory or other 
place subject to the jurisdiction of the United States at any designated 
place where such proceeding is being conducted. The Farm Credit 
Administration or any party to proceedings under this part may apply to 
the United States District Court for the District of Columbia, or the 
United States district court for the judicial district or the United 
States court in any territory in which such proceeding is being 
conducted, or where the witness resides or carries on business, for 
enforcement of any subpena or subpena duces tecum issued pursuant to 
this part, and such courts shall have jurisdiction and power to order 
and require compliance therewith. Witnesses subpenaed under this section 
shall be paid the same fees and mileage that are paid witnesses in the 
district courts of the United States. Any court having jurisdiction of 
any proceeding instituted under this part by a System institution or a 
director or officer thereof, may allow to any such party such reasonable 
expenses and attorneys' fees as it deems just and proper; and such 
expenses and fees shall be paid by the System institution or from its 
assets. Any person who willfully shall fail or refuse to attend or 
testify or to answer any lawful inquiry or to produce books, papers, 
correspondence, memoranda, contracts, agreements, or other records, if 
in such person's power so to do, in obedience to the subpena of the Farm 
Credit Administration, 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 one year or both.

(Pub. L. 92-181, title V, Sec. 5.37, as added Pub. L. 99-205, title II, 
Sec. 204, Dec. 23, 1985, 99 Stat. 1702; amended Pub. L. 100-233, title 
VIII, Sec. 805(ee), Jan. 6, 1988, 101 Stat. 1717.)


                               Amendments

    1988--Pub. L. 100-233 substituted ``proceedings, examinations, or 
investigations'' for ``proceedings, claims, examinations, or 
investigations''.


                             Effective Date

    Section effective thirty days after Dec. 23, 1985, see section 401 
of Pub. L. 99-205, set out as an Effective Date of 1985 Amendment note 
under section 2001 of this title.
