18-U.S.C.-1011

§1011 – Federal Land Bank Mortgage Transactions

Pathway

Title 18 > Part I > Chapter 47 > Section 1011

Details

• Reference: Section 1011
• Legend: §1011 – Federal Land Bank Mortgage Transactions
• USCode Year: 2013

Provision Content

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.

Amendments

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

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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