FEDERAL · 18 U.S.C. · Chapter 17
Circulation of obligations of expired corporations
Current through Pub. L. 119-102
Whoever, being a director, officer, or agent of a corporation created by Act of Congress, the charter of which has expired, or trustee thereof, or an agent of such trustee, or a person having in his possession or under his control the property of such corporation for the purpose of paying or redeeming its notes and obligations, knowingly issues, reissues, or utters as money, or in any other way knowingly puts in circulation any bill, note, check, draft, or other security purporting to have been made by any such corporation, or by any officer thereof, or purporting to have been made under authority derived therefrom, shall be fined under this title or imprisoned not more than five years, or both.
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18 U.S.C. § 335 (Circulation of obligations of expired corporations) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
Clark v. Associated Retail Credit Men of Washington
105 F.2d 62 (D.C. Circuit, 1939)
Scaffidi v. United States
37 F.2d 203 (First Circuit, 1930)
American Civil Liberties Union, Inc. v. Kiely
40 F.2d 451 (Second Circuit, 1930)
Shoemaker v. Burke
92 F.2d 205 (D.C. Circuit, 1937)
Hardy v. Goldman
38 F. Supp. 1011 (S.D. New York, 1936)
United States v. Limehouse
58 F.2d 395 (E.D. South Carolina, 1931)
Source Credit
History
(June 25, 1948, ch. 645, 62 Stat. 700; Pub. L. 103–322, title XXXIII, §330016(1)(L), Sept. 13, 1994, 108 Stat. 2147.)
Editorial Notes
Historical and Revision Notes
Based on title 18, U.S.C., 1940 ed., §289 (Mar. 4, 1909, ch. 321, §174, 35 Stat. 1122).
The reference to persons aiding was omitted as unnecessary, since such persons are made principals by section 2 of this title.
The last sentence excepting bona fide holders in due course was omitted as surplusage.
Other changes in phraseology also were made.
Editorial Notes
Amendments
1994—Pub. L. 103–322 substituted "fined under this title" for "fined not more than $10,000".
Based on title 18, U.S.C., 1940 ed., §289 (Mar. 4, 1909, ch. 321, §174, 35 Stat. 1122).
The reference to persons aiding was omitted as unnecessary, since such persons are made principals by section 2 of this title.
The last sentence excepting bona fide holders in due course was omitted as surplusage.
Other changes in phraseology also were made.
Editorial Notes
Amendments
1994—Pub. L. 103–322 substituted "fined under this title" for "fined not more than $10,000".