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U.S. Code/Title 12/§ 3405

Title 12

12

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12 U.S.C. § 3405.Chapter 35

§ 3405

Administrative subpena and summons

Title 12
1 min read

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Back to Chapter 35Previous: § 3404Next: § 3406

A Government authority may obtain financial records under pursuant to an administrative subpena or summons otherwise authorized by law only if—

((1)) there is reason to believe that the rec­ords sought are relevant to a legitimate law enforcement inquiry;

((2)) a copy of the subpena or summons has been served upon the customer or mailed to his last known address on or before the date on which the subpena or summons was served on the financial institution together with the following notice which shall state with reasonable specificity the nature of the law enforcement inquiry:

((3)) ten days have expired from the date of service of the notice or fourteen days have expired from the date of mailing the notice to the customer and within such time period the customer has not filed a sworn statement and motion to quash in an appropriate court, or the customer challenge provisions of have been complied with.

Related Legislation

(2 bills)

Bills that would modify or reference this section of law.

HR-2155

Saving Privacy Act

Andy Ogles

Tennessee representative

  1. house
  2. senate
  3. president
3/14/2025
S-809

Saving Privacy Act

Mike Lee

Utah senator

  1. senate
  2. house
  3. president
2/27/2025
§ 3404

Release: pl-119-102 (2026-07-12)

§ 3406

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