18 U.S.C. § 336 — Issuance of circulating obligations of less than $1

submitted 78 years ago by ch. 645 to r/title-18-CRIMES-AND-CRIMINAL-PROCEDURE · 56 words · no verdicts yet

in plain englishAI-generated · not legal advice

This law makes it a crime to create or circulate paper money-like items worth less than $1. That includes notes, checks, tokens, or similar items meant to replace real U.S. money. Breaking this law can mean a fine, up to six months in prison, or both.

This law makes it a crime to make, issue, circulate, or pay out any note, check, memorandum, token, or other paper obligation worth less than $1, when it's meant to be used as money or to take the place of real U.S. money. Anyone who does this can be fined under this title, imprisoned for up to six months, or both.

the actual law source: uscode.house.gov ↗public domain

Whoever makes, issues, circulates, or pays out any note, check, memorandum, token, or other obligation for a less sum than $1, intended to circulate as money or to be received or used in lieu of lawful money of the United States, shall be fined under this title or imprisoned not more than six months, or both.

Source credit: (June 25, 1948, ch. 645, 62 Stat. 701; Pub. L. 103–322, title XXXIII, § 330016(1)(G), Sept. 13, 1994, 108 Stat. 2147.)

history & why it existsrecord from the source credit

1948Enacted · Act of June 25, 1948, ch. 645 · 62 Stat. 701
1994Amended · Pub. L. 103-322 · 108 Stat. 2147

A history note hasn’t been published yet. The record shows enactment by ch. 645 on 1948-06-25.

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