Source document
12 U.S.C. 4205 Rights of declarants; participation in actions, awards (United States Code, 2024 edition)
Has everything in it been taken?
CompleteReviewed 8 Oct 2026
Reviewed. Everything in it that belongs in the tables has been taken.
What the document holds
12 U.S.C. 4205 (2024 ed.): rights of FIRREA declarants: choice of private counsel; discretionary reward after a criminal conviction with eight factors; mandatory share of civil recoveries on a sliding scale (20-30% of the first $1,000,000, 10-20% of the next $4,000,000, 5-10% of the next $5,000,000); multiple declarants; banking-agency exception; 2002 amendment notes (former $5,000-$100,000 conviction reward and repealed subsec. (e)). Already recorded: the first-tier 20-30% and the civil-share mandatory flag. Added the second and third tiers (4 rules), the former $5,000 minimum and $100,000 cap (1990-2002), the discretionary flag for conviction rewards since 2002, and the 2002 rule-change event.
What it supports
12 rows on this site come from this document. Each one opens with the page and the exact words.
Reward rules (10)
- Award is discretionaryreward after a criminal conviction based on the declaration (4205(c))YesSince 2 Nov 2002 · US GPO 2025United States · FIRREA / Financial Institutions Anti-Fraud Enforcement Act declarations
- Award is discretionaryshare of a civil recovery ('shall have the right to share'); rewards for criminal convictions are discretionary0Since 29 Nov 1990 · US GPO 2025United States · FIRREA / Financial Institutions Anti-Fraud Enforcement Act declarations
- Maximum awardreward after a criminal conviction based on the declaration (original 4205(c)(1))USD 100,00029 Nov 1990 – 1 Nov 2002 · US GPO 2025United States · FIRREA / Financial Institutions Anti-Fraud Enforcement Act declarations
- Maximum award sharefirst $1,000,000 recovered30%Since 29 Nov 1990 · US GPO 2025United States · FIRREA / Financial Institutions Anti-Fraud Enforcement Act declarations
- Maximum award sharenext $4,000,000 recovered (above the first $1,000,000)20%Since 29 Nov 1990 · US GPO 2025United States · FIRREA / Financial Institutions Anti-Fraud Enforcement Act declarations
- Maximum award sharenext $5,000,000 recovered (above the first $5,000,000)10%Since 29 Nov 1990 · US GPO 2025United States · FIRREA / Financial Institutions Anti-Fraud Enforcement Act declarations
- Minimum award amountreward after a criminal conviction based on the declaration (original 4205(c)(1))USD 5,00029 Nov 1990 – 1 Nov 2002 · US GPO 2025United States · FIRREA / Financial Institutions Anti-Fraud Enforcement Act declarations
- Minimum award sharefirst $1,000,000 recovered (then 10-20% of the next $4,000,000 and 5-10% of the next $5,000,000)20%Since 29 Nov 1990 · US GPO 2025United States · FIRREA / Financial Institutions Anti-Fraud Enforcement Act declarations
- Minimum award sharenext $4,000,000 recovered (above the first $1,000,000)10%Since 29 Nov 1990 · US GPO 2025United States · FIRREA / Financial Institutions Anti-Fraud Enforcement Act declarations
- Minimum award sharenext $5,000,000 recovered (above the first $5,000,000)5%Since 29 Nov 1990 · US GPO 2025United States · FIRREA / Financial Institutions Anti-Fraud Enforcement Act declarations
About the document
What it covers Financial Institutions Anti-Fraud Enforcement Act of 1990: declarant's share of recoveries (sliding scale) and discretionary rewards for convictions.
Source id usa-uscode-12usc4205-2024 · accessed 3 Oct 2026