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18 U.S.C. § 8Obligation or other security of the United States defined

submitted 78 years ago by ch. 645 to r/title-18-CRIMES-AND-CRIMINAL-PROCEDURE · 77 words · no verdicts yet

in plain englishAI-generated · not legal advice

This law defines "obligation or other security of the United States." It covers many kinds of government money and paper, like bonds and notes. It also includes canceled U.S. stamps.

This section defines the term "obligation or other security of the United States" as used elsewhere in this title. The term includes many kinds of government financial instruments: bonds, certificates of indebtedness, national bank currency, Federal Reserve notes, and Federal Reserve bank notes. It also includes coupons, United States notes, Treasury notes, gold certificates, silver certificates, and fractional notes. It further includes certificates of deposit, along with bills, checks, or drafts for money that authorized U.S. officers draw or that are drawn on them. It covers stamps and other representatives of value, of any denomination, that were issued under an Act of Congress. Finally, it includes canceled United States stamps.
the actual law source: uscode.house.gov ↗public domain

The term “obligation or other security of the United States” includes all bonds, certificates of indebtedness, national bank currency, Federal Reserve notes, Federal Reserve bank notes, coupons, United States notes, Treasury notes, gold certificates, silver certificates, fractional notes, certificates of deposit, bills, checks, or drafts for money, drawn by or upon authorized officers of the United States, stamps and other representatives of value, of whatever denomination, issued under any Act of Congress, and canceled United States stamps.

Source credit: (June 25, 1948, ch. 645, 62 Stat. 685.)

history & why it existsrecord from the source credit
  • 1948Enacted · Act of June 25, 1948, ch. 645 · 62 Stat. 685

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

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