20 U.S.C. § 1068f — Penalties

in plain englishAI-generated · not legal advice

Whoever, being an officer, director, agent, or employee of, or connected in any capacity with, any recipient of Federal financial assistance or grant under this subchapter embezzles, willfully misapplies, steals, or obtains by fraud any of the funds which are the subject of such grant or assistance, must be fined not more than $10,000 or imprisoned for not more than 2 years, or both. This section also sets the detailed rules stated below.

Whoever, being an officer, director, agent, or employee of, or connected in any capacity with, any recipient of Federal financial assistance or grant under this subchapter embezzles, willfully misapplies, steals, or obtains by fraud any of the funds which are the subject of such grant or assistance, must be fined not more than $10,000 or imprisoned for not more than 2 years, or both.

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

Whoever, being an officer, director, agent, or employee of, or connected in any capacity with, any recipient of Federal financial assistance or grant pursuant to this subchapter embezzles, willfully misapplies, steals, or obtains by fraud any of the funds which are the subject of such grant or assistance, shall be fined not more than $10,000 or imprisoned for not more than 2 years, or both.

Source credit: (Pub. L. 89–329, title III, § 397, formerly § 358, as added Pub. L. 99–498, title III, § 301(a), Oct. 17, 1986, 100 Stat. 1307; renumbered § 397, Pub. L. 105–244, title III, § 301(a)(2), Oct. 7, 1998, 112 Stat. 1636.)

history & why it existsrecord from the source credit

1986Enacted · Pub. L. 89-329 · 100 Stat. 1307
1998Amended · Pub. L. 105-244 · 112 Stat. 1636

A history note hasn’t been published yet. The record shows enactment by Pub. L. 89-329 on 1986-10-17.