12 USC § 4638 - Private rights of action

---
identifier: "/us/usc/t12/s4638"
source: "usc"
legal_status: "official_prima_facie"
title: "12 USC § 4638 - Private rights of action"
title_number: 12
title_name: "BANKS AND BANKING"
section_number: "4638"
section_name: "Private rights of action"
chapter_number: 46
chapter_name: "GOVERNMENT SPONSORED ENTERPRISES"
subchapter_number: "III"
subchapter_name: "ENFORCEMENT PROVISIONS"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Pub. L. 102–550, title XIII, § 1379A, formerly § 1378, Oct. 28, 1992, 106 Stat. 3993; renumbered § 1379A and amended Pub. L. 110–289, div. A, title I, §§ 1153(a)(1), 1156(b)(2), July 30, 2008, 122 Stat. 2770, 2777.)"
---


# § 4638. Private rights of action

This chapter shall not create any private right of action on behalf of any person against a regulated entity, or any director or executive officer of a regulated entity, or impair any existing private right of action under other applicable law.

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**Source Credit**: (Pub. L. 102–550, title XIII, § 1379A, formerly § 1378, Oct. 28, 1992, 106 Stat. 3993; renumbered § 1379A and amended Pub. L. 110–289, div. A, title I, §§ 1153(a)(1), 1156(b)(2), July 30, 2008, 122 Stat. 2770, 2777.)

## Editorial Notes

### References in Text

This chapter, referred to in text, was in the original “this title and the amendments made by this title”, meaning title XIII of , , , which is classified principally to this chapter. For complete classification of title XIII to the Code, see Short Title note set out under  and Tables.

### Prior Provisions

A prior  was renumbered section 1379C and is classified to .

### Amendments

2008—, which directed substitution of “a regulated entity” for “an enterprise”, was executed by making the substitution in two places to reflect the probable intent of Congress.