12 U.S.C. § 1790c
Reward for information leading to recoveries or civil penalties
The Board may pay rewards in connection with an offense affecting an insured credit union, under the same circumstances and subject to the same limitations that a Federal banking agency may pay rewards under section 1831j of this title in connection with an offense affecting a depository institution insured by the Federal Deposit Insurance Corporation.
Notes of Decisions
Cited in 1
case, 1992–1992 · leading case: Wyrick v. TWA Credit Union, 804 F. Supp. 1176 (W.D. Mo. 1992).
Wyrick v. TWA Credit Union, 804 F. Supp. 1176 (W.D. Mo. 1992). “12 U.S.C. § 1790c. The purpose of furthering regulatory action to protect against fraud is only indirectly furthered by granting a cause of action for those who report alleged violations to persons other than the Board or the Attorney General.”
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