15 U.S.C. § 292 — Forfeiture

submitted 121 years ago by ch. 720 to r/title-15-COMMERCE-AND-TRADE · 97 words · no verdicts yet

in plain englishAI-generated · not legal advice

Gold, silver, or products made from them can be seized and forfeited to the government if they're falsely stamped in a way section 291 bans, and they're being shipped between states or with a territory. The forfeiture process follows the same rules used for illegally imported goods.

If gold, silver, or goods made from them are stamped, worded, or labeled in a way that section 291 of this title prohibits — and this happens after February 21, 1905 — and the goods are being shipped from one state to another, or to or from a U.S. territory, the District of Columbia, or a U.S. possession, the goods can be forfeited to the United States. They can be seized and the forfeiture handled the same way the law handles goods imported illegally into the United States.

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

Any gold, silver, or goods manufactured therefrom after February 21, 1905, bearing any of the stamps, words, phrases, or devices prohibited to be used under section 291 of this title, and being in the course of transportation from one State to another, or to or from a Territory, the District of Columbia, or possessions of the United States, shall be forfeited to the United States, and may be seized and condemned by like proceedings as those provided by law for the forfeiture, seizure, and condemnation of property imported into the United States contrary to law.

Source credit: (Feb. 21, 1905, ch. 720, § 3, 33 Stat. 732.)

history & why it existsrecord from the source credit

1905Enacted · Act of Feb. 21, 1905, ch. 720 · 33 Stat. 732

A history note hasn’t been published yet. The record shows enactment by ch. 720 on 1905-02-21.

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