legislation: 101-s-2763

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
101-s-2763 101 s 2763 Savings and Loan Anti-Fraud Enforcement Act of 1990 Crime and Law Enforcement 1990-06-20 1990-06-20 Read twice and referred to the Committee on Judiciary. Senate Sen. Simon, Paul [D-IL] IL D S000423 1 Savings and Loan Anti-Fraud Enforcement Act of 1990 - Amends the Federal criminal code to empower the Attorney General to seize the assets of defendants involved in financial institution fraud cases until their outcome has been decided. Amends the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 to provide that, in any action brought by the Federal Deposit Insurance Corporation, the Resolution Trust Corporation, or the National Credit Union Administration involving a scheme to defraud affecting a financial institution, injunctive relief may be granted in conformity with the principles that govern the granting of such relief from threatened loss or damage in other cases. Authorizes the granting of a preliminary restraining order and a preliminary injunction in cases in which an immediate danger of significant loss or damage is shown before a final determination. Authorizes private persons to bring a civil action for relief against those alleged to have defrauded a financial institution, except in limited circumstances. 2025-08-26T17:26:31Z  

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