(a) Judicial remedies. Whenever a state member bank fails to comply with an order issued
under section 39, the Board may seek enforcement of the order in the
appropriate United States district court pursuant to section 8(i)(1)
of the FDI Act.
(b) Failure to comply with
order. Pursuant to section 8(i)(2)(A) of the FDI Act, the Board
may assess a civil money penalty against any state member bank that
violates or otherwise fails to comply with any final order issued
under section 39 and against any institution-affiliated party who
participates in such violation or noncompliance.
(c) Other enforcement action. In addition to the
actions described in paragraphs (a) and (b) of this section, the Board
may seek enforcement of the provisions of section 39 or this part
through any other judicial or administrative proceeding authorized
by law.
