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18 U.S.C. § 333Mutilation of national bank obligations

submitted 78 years ago by ch. 645 to r/title-18-CRIMES-AND-CRIMINAL-PROCEDURE · 76 words · no verdicts yet

in plain englishAI-generated · not legal advice

It's a federal crime to damage or deface currency issued by a national bank or Federal Reserve bank. This covers cutting, mutilating, or gluing bills together if done to make them unfit to reissue. A violator can be fined or imprisoned for up to six months, or both.

This law makes it a crime to damage U.S. banking currency on purpose, in a way meant to make it unusable. It covers a bank bill, draft, note, or other evidence of debt issued by a national banking association, a Federal Reserve bank, or the Federal Reserve System. It's illegal to mutilate, cut, deface, disfigure, or perforate one of these, or to unite or cement pieces together, or to do any other thing to it — as long as it's done with intent to render that bill, draft, note, or other evidence of debt unfit to be reissued. Anyone who does this can be fined under this title, or imprisoned for up to six months, or both.
the actual law source: uscode.house.gov ↗public domain

Whoever mutilates, cuts, defaces, disfigures, or perforates, or unites or cements together, or does any other thing to any bank bill, draft, note, or other evidence of debt issued by any national banking association, or Federal Reserve bank, or the Federal Reserve System, with intent to render such bank bill, draft, note, or other evidence of debt unfit to be reissued, shall be fined under this title or imprisoned not more than six months, or both.

Source credit: (June 25, 1948, ch. 645, 62 Stat. 700; Pub. L. 103–322, title XXXIII, § 330016(1)(B), Sept. 13, 1994, 108 Stat. 2146.)

history & why it existsrecord from the source credit
  • 1948Enacted · Act of June 25, 1948, ch. 645 · 62 Stat. 700
  • 1994Amended · Pub. L. 103-322 · 108 Stat. 2146

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

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