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18 U.S.C. § 1013Farm loan bonds and credit bank debentures

submitted 78 years ago by ch. 645 to r/title-18-CRIMES-AND-CRIMINAL-PROCEDURE · 116 words · no verdicts yet

in plain englishAI-generated · not legal advice

A person who lies about specified farm loan bonds, coupons, or Federal intermediate credit bank obligations may be fined or imprisoned for up to one year.

A person who deceives, defrauds, or imposes on, or tries to do so to, a person, partnership, corporation, or association by falsely describing the character, issue, security, contents, conditions, or terms of a farm loan bond or coupon issued by a Federal land bank, or a debenture, coupon, or other obligation issued by a Federal intermediate credit bank, may be fined under this title, imprisoned for up to one year, or both. The same penalty applies to falsely claiming that a farm loan bond or coupon is something other than what its face says it is.
the actual law source: uscode.house.gov ↗public domain

Whoever deceives, defrauds, or imposes upon, or attempts to deceive, defraud, or impose upon any person, partnership, corporation, or association by making any false pretense or representation concerning the character, issue, security, contents, conditions, or terms of any farm loan bond, or coupon, issued by any Federal land bank or banks; or of any debenture, coupon, or other obligation, issued by any Federal intermediate credit bank or banks; or by falsely pretending or representing that any farm loan bond, or coupon, is anything other than, or different from, what it purports to be on the face of said bond or coupon, shall be fined under this title or imprisoned not more than one year, or both.

Source credit: (June 25, 1948, ch. 645, 62 Stat. 752; Pub. L. 97–297, § 4(a), Oct. 12, 1982, 96 Stat. 1318; Pub. L. 103–322, title XXXIII, §§ 330004(8), 330016(1)(G), Sept. 13, 1994, 108 Stat. 2141, 2147.)

history & why it existsrecord from the source credit
  • 1948Enacted · Act of June 25, 1948, ch. 645 · 62 Stat. 752
  • 1982Amended · Pub. L. 97-297 · 96 Stat. 1318
  • 1994Amended · Pub. L. 103-322 · 108 Stat. 2141, 2147

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

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