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20 U.S.C. § 1103f — Penalties

submitted 28 years ago by Pub. L. 89-329 to r/title-20-EDUCATION · 65 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section states the rules about penalties. It includes the requirements, powers, procedures, definitions, limits, and exceptions stated in the section.

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 that 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 that 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 V, § 527, formerly § 517, as added Pub. L. 105–244, title V, § 501, Oct. 7, 1998, 112 Stat. 1774; renumbered § 527, Pub. L. 110–315, title V, § 502(a)(2), Aug. 14, 2008, 122 Stat. 3331.)

history & why it existsrecord from the source credit
  • 1998Enacted · Pub. L. 89-329 · 112 Stat. 1774
  • 2008Amended · Pub. L. 110-315 · 122 Stat. 3331

A history note hasn’t been published yet. The record shows enactment by Pub. L. 89-329 on 1998-10-07.

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