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18 U.S.C. § 479 — Uttering counterfeit foreign obligations or securities

submitted 78 years ago by ch. 645 to r/title-18-CRIMES-AND-CRIMINAL-PROCEDURE · 74 words · no verdicts yet

in plain englishAI-generated · not legal advice

It is illegal to knowingly pass off, in payment or negotiation, a false, forged, or counterfeit foreign bond, security, or similar instrument described in section 478. This applies whether that forgery happened inside or outside the United States. It only applies inside the United States, and only when the person intends to defraud. Anyone who does this can be fined or imprisoned for up to 20 years, or both.

This section applies to anyone who, inside the United States, knowingly and with intent to defraud, utters, passes, or puts off — meaning uses in payment or negotiation — a false, forged, or counterfeited bond, certificate, obligation, security, treasury note, bill, or promise to pay of the kind described in section 478 of this title. This applies no matter whether that item was made, altered, forged, or counterfeited inside or outside the United States. Anyone who does this can be fined under this title, imprisoned for up to 20 years, or both.
the actual law source: uscode.house.gov ↗public domain

Whoever, within the United States, knowingly and with intent to defraud, utters, passes, or puts off, in payment or negotiation, any false, forged, or counterfeited bond, certificate, obligation, security, treasury note, bill, or promise to pay, mentioned in section 478 of this title, whether or not the same was made, altered, forged, or counterfeited within the United States, shall be fined under this title or imprisoned not more than 20 years, or both.

Source credit: (June 25, 1948, ch. 645, 62 Stat. 707; Pub. L. 103–322, title XXXIII, § 330016(1)(J), Sept. 13, 1994, 108 Stat. 2147; Pub. L. 107–56, title III, § 375(b), Oct. 26, 2001, 115 Stat. 341.)

history & why it existsrecord from the source credit
  • 1948Enacted · Act of June 25, 1948, ch. 645 · 62 Stat. 707
  • 1994Amended · Pub. L. 103-322 · 108 Stat. 2147
  • 2001Amended · Pub. L. 107-56 · 115 Stat. 341

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

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