Page:Emergency Economic Stabilization Act of 2008.djvu/81

 O:kiYOkiYO08C04.xml 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 81 Corporation or other appropriate Federal banking agency may issue a temporaT order requiring-- "(I) the immediate cessation of any activity or practice described, which gave rise to the notice of charges; and "(II) affirmative action to pre- vent any fhher, or to remedy any ex- isting, violation. "(ii) EFFECT OF ODE.--Any tem- poraT order issued under this subpara- graph shall take effect upon sewiee. "(B) EFFECTIVE PERIOD OF TEMPORARY ORDER.--A temporaT order issued under sub- paragraph (A) shall remain effective and en- forceable, pending the completion of an admin- istrative proceeding pursuant to subsection (b)(1) in connection with the notice of charges-- "(i) until such time as the Corpora- tion or other appropriate Federal banking agency dismisses the charges specified in such notice; or

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