18 U.S.C. · Crimes and Criminal Procedure
18 U.S.C. § 1011

Federal land bank mortgage transactions

Ch. 47 — Fraud and False Statements
Title 18 U.S.C. ● ACTIVE Primary Source Ch. 47
Statutory Text

18 U.S.C. § 1011 — Federal land bank mortgage transactions

U.S.C. Title 18 - CRIMES AND CRIMINAL PROCEDURE 18 U.S.C. United States Code, 2023 Edition Title 18 - CRIMES AND CRIMINAL PROCEDURE PART I - CRIMES CHAPTER 47 - FRAUD AND FALSE STATEMENTS Sec. 1011 - Federal land bank mortgage transactions From the U.S. Government Publishing Office, www.gpo.gov

§1011. Federal land bank mortgage transactions

Whoever, being a mortgagee, knowingly makes any false statement in any paper, proposal, or letter, relating to the sale of any mortgage, to any Federal land bank; or Whoever, being an appraiser, willfully over-values any land securing such mortgage— Shall be fined under this title or imprisoned not more than one year, or both.

(June 25, 1948, ch. 645, 62 Stat. 751; Pub. L. 103–322, title XXXIII, §330016(1)(K), Sept. 13, 1994, 108 Stat. 2147.)

Historical and Revision Notes Based on section 987 of title 12, U.S.C., 1940 ed., Banks and Banking (July 17, 1916, ch. 245, §31, seventh paragraph, as added June 16, 1933, ch. 98, §78, 48 Stat. 272). Minor changes were made in phraseology.

Editorial Notes

Amendments 1994—Pub. L. 103–322 substituted "fined under this title" for "fined not more than $5,000" in last par.

Source: uscode.house.gov — public domain Official Source ↗
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