§503. Liability of directors and officers of member banks — Inbound Citations
12 U.S.C. § 503
Cited by 1 provision in release 119-102.
Citations to 12 U.S.C. § 503 as a whole
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(a) Any member bank which, and any institution-affiliated party (within the meaning of section 1813(u) of this title) with respect to such member bank who, violates any provision of section 371c, 371c–1, 375, 375a, 375b, 376, or 503 of this title, or any regulation issued pursuant thereto, shall forfeit and pay a civil penalty of not more than $5,000 for each day during which such violation continues.