§ 630. — Offenses by officers of corporation; punishment.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 12USC630]
TITLE 12--BANKS AND BANKING
CHAPTER 6--FOREIGN BANKING
SUBCHAPTER II--ORGANIZATION OF CORPORATIONS TO DO FOREIGN BANKING
Sec. 630. Offenses by officers of corporation; punishment
Every officer, director, clerk, employee, or agent of any
corporation organized under this subchapter who embezzles, abstracts, or
willfully misapplies any of the moneys, funds, credits, securities,
evidences of indebtedness or assets of any character of such
corporation; or who, without authority from the directors, issues or
puts forth any certificate of deposit, draws any order or bill of
exchange, makes any acceptance, assigns any note, bond, debenture,
draft, bill of exchange, mortgage, judgment, or decree; or who makes any
false entry in any book, report, or statement of such corporation with
intent, in either case, to injure or defraud such corporation or any
other company, body politic or corporate, or any individual person, or
to deceive any officer of such corporation, the Board of Governors of
the Federal Reserve System, or any agent or examiner appointed to
examine the affairs of any such corporation; and every receiver of any
such corporation and every clerk or employee of such receiver who shall
embezzle, abstract, or willfully misapply or wrongfully convert to his
own use any moneys, funds, credits, or assets of any character which may
come into his possession or under his control in the execution of his
trust or the performance of the duties of his employment; and every such
receiver or clerk or employee of such receiver who shall, with intent to
injure or defraud any person, body politic or corporate, or to deceive
or mislead the Board of Governors of the Federal Reserve System, or any
agent or examiner appointed to examine the affairs of such receiver,
shall make any false entry in any book, report, or record of any matter
connected with the duties of such receiver; and every person who with
like intent aids or abets any officer, director, clerk, employee, or
agent of any corporation organized under this subchapter, or receiver or
clerk or employee of such receiver as aforesaid in any violation of this
subchapter, shall upon conviction thereof be imprisoned for not less
than two years nor more than ten years, and may also be fined not more
than $5,000, in the discretion of the court.
(Dec. 23, 1913, ch. 6, Sec. 25A (par.), formerly Sec. 25(a), as added
Dec. 24, 1919, ch. 18, 41 Stat. 378; amended Aug. 23, 1935, ch. 614,
title II, Sec. 203(a), 49 Stat. 704; renumbered Sec. 25A, Pub. L. 102-
242, title I, Sec. 142(e)(2), Dec. 19, 1991, 105 Stat. 2281.)
References in Text
This subchapter, referred to in text, was in the original ``this
section'', meaning section 25A of act Dec. 23, 1913, which is classified
to this subchapter (Sec. 611 et seq.).
Codification
Section is comprised of a part of section 25A, formerly section
25(a), which was added to act Dec. 23, 1913, ch. 6, by act Dec. 24,
1919.
Change of Name
Section 203(a) of act Aug. 23, 1935, changed name of Federal Reserve
Board to Board of Governors of the Federal Reserve System.
