18 U.S.C. § 474A — Deterrents to counterfeiting of obligations and securities
submitted 34 years ago by Pub. L. 102-550 to r/title-18-CRIMES-AND-CRIMINAL-PROCEDURE · 236 words · no verdicts yet
It is a class B felony to possess special paper used to make U.S. money, without Treasury Department authority, once the Treasury has adopted that paper. It is also a class B felony to possess a matching counterfeit-deterrent feature, like a watermark or security thread, without authority. The law defines both 'distinctive paper' and 'distinctive counterfeit deterrent.'
Whoever has in his control or possession, after a distinctive paper has been adopted by the Secretary of the Treasury for the obligations and other securities of the United States, any similar paper adapted to the making of any such obligation or other security, except under the authority of the Secretary of the Treasury, is guilty of a class B felony.
Whoever has in his control or possession, after a distinctive counterfeit deterrent has been adopted by the Secretary of the Treasury for the obligations and other securities of the United States by publication in the Federal Register, any essentially identical feature or device adapted to the making of any such obligation or security, except under the authority of the Secretary of the Treasury, is guilty of a class B felony.
As used in this section—
the term “distinctive paper” includes any distinctive medium of which currency is made, whether of wood pulp, rag, plastic substrate, or other natural or artificial fibers or materials; and
the term “distinctive counterfeit deterrent” includes any ink, watermark, seal, security thread, optically variable device, or other feature or device;
in which the United States has an exclusive property interest; or
which is not otherwise in commercial use or in the public domain and which the Secretary designates as being necessary in preventing the counterfeiting of obligations or other securities of the United States.
Source credit: (Added Pub. L. 102–550, title XV, § 1553(a), Oct. 28, 1992, 106 Stat. 4070; amended Pub. L. 104–208, div. A, title I, § 101(f) [title VI, § 648(a)], title II, § 2603(a), Sept. 30, 1996, 110 Stat. 3009–314, 3009–367, 3009–470.)
- 1992Enacted · Pub. L. 102-550 · 106 Stat. 4070
- 1996Amended · Pub. L. 104-208 · 110 Stat. 3009
A history note hasn’t been published yet. The record shows enactment by Pub. L. 102-550 on 1992-10-28.
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