FEDERAL · 12 U.S.C. · Chapter 21

Additional criminal penalty in certain cases

Current through Pub. L. 119-99
Title 12Banks and Banking·Ch. 21 — FINANCIAL RECORDKEEPING
Whoever willfully violates, or willfully causes a violation of any regulation under this chapter, section 1829b of this title, or section 1730d 1 of this title, where the violation is committed in furtherance of the commission of any violation of Federal law punishable by imprisonment for more than one year, shall be fined not more than $10,000 or imprisoned not more than five years, or both.

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Related

Lee v. Foris Dax, Inc.
(N.D. California, 2025)

Source Credit

History

(Pub. L. 91–508, title I, §127, Oct. 26, 1970, 84 Stat. 1118; Pub. L. 102–550, title XV, §1535(c)(2), Oct. 28, 1992, 106 Stat. 4067.)

Editorial Notes

Editorial Notes

References in Text
Section 1730d of this title, referred to in text, was repealed by Pub. L. 101–73, title IV, §407, Aug. 9, 1989, 103 Stat. 363.

Amendments
1992—Pub. L. 102–550 inserted ", or willfully causes a violation of" after "Whoever willfully violates".

Statutory Notes and Related Subsidiaries

Effective Date
Section effective on first day of seventh calendar month which begins after Oct. 26, 1970, except that the Secretary of the Treasury may, by regulation, provide that this section be effective on any date not earlier than the publication of such regulations in the Federal Register and not later than first day of thirteenth calendar month which begins after Oct. 26, 1970, see section 401(a), (b) of Pub. L. 91–508, set out as a note under section 1951 of this title.