18-U.S.C.-1010

18-U.S.C.-1010

§1010 – Department of Housing and Urban Development and Federal Housing Administration Transactions

Pathway

Title 18 > Part I > Chapter 47 > Section 1010

Details

  • Reference: Section 1010
  • Legend: §1010 – Department of Housing and Urban Development and Federal Housing Administration Transactions
  • USCode Year: 2013

Provision Content

Whoever, for the purpose of obtaining any loan or advance of credit from any person, partnership, association, or corporation with the intent that such loan or advance of credit shall be offered to or accepted by the Department of Housing and Urban Development for insurance, or for the purpose of obtaining any extension or renewal of any loan, advance of credit, or mortgage insured by such Department, or the acceptance, release, or substitution of any security on such a loan, advance of credit, or for the purpose of influencing in any way the action of such Department, makes, passes, utters, or publishes any statement, knowing the same to be false, or alters, forges, or counterfeits any instrument, paper, or document, or utters, publishes, or passes as true any instrument, paper, or document, knowing it to have been altered, forged, or counterfeited, or willfully overvalues any security, asset, or income, shall be fined under this title or imprisoned not more than two years, or both.

(June 25, 1948, ch. 645, 62 Stat. 751; Pub. L. 90–19, §24(c), May 25, 1967, 81 Stat. 28; Pub. L. 103–322, title XXXIII, §330016(1)(K), Sept. 13, 1994, 108 Stat. 2147.)

Historical and Revision Notes

Based on section 1731(a) of title 12, U.S.C., 1940 ed., Banks and Banking (June 27, 1934, ch. 847, §512(a), 48 Stat. 1265; Feb. 3, 1938, ch. 13, §9, 52 Stat. 24).

Reference to persons causing or procuring was omitted as unnecessary in view of definition of principal in section 2 of this title.

$5,000 was substituted for $3,000 to make this section more consistent in its punishment provisions with comparable sections. (See section 1008 of this title.)

Minor changes in phraseology were made.

Amendments

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

1967—Pub. L. 90–19 included reference to Department of Housing and Urban Development in section catchline and substituted in text Department of Housing and Urban Development for Federal Housing Administration and Department for Administration in two places, respectively.

U.S. Encyclopedia of Law Coverage

18-U.S.C.-1007 in the Legal Encyclopedia: Criminal Law

In this entry about 18-U.S.C.-1007, find legal reference material, bibliographies and premiere content related to criminal law in the American Encyclopedia of Law, presenting a comprehensive view of the United States criminal law-specific issues, written by authorities in the field.

18-U.S.C.-986 – in the Legal Encyclopedia: Crimes

In this entry about 18-U.S.C.-986 -, find legal reference material, bibliographies and premiere content related to crimes in the American Encyclopedia of Law, presenting a comprehensive view of the United States crimes-specific issues, written by authorities in the field.

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