§ 631. — False representations as to liability of United States for acts 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: 12USC631]
TITLE 12--BANKS AND BANKING
CHAPTER 6--FOREIGN BANKING
SUBCHAPTER II--ORGANIZATION OF CORPORATIONS TO DO FOREIGN BANKING
Sec. 631. False representations as to liability of United States
for acts of corporation; punishment
Whoever being connected in any capacity with any corporation
organized under this subchapter, represents in any way that the United
States is liable for the payment of any bond or other obligation, or the
interest thereon, issued or incurred by any corporation organized under
this subchapter, or that the United States incurs any liability in
respect of any act or omission of the corporation, shall be punished by
a fine or \1\ not more than $10,000 and by imprisonment for not more
than five years.
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\1\ So in original. Probably should be ``of''.
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(Dec. 23, 1913, ch. 6, Sec. 25A (par.), formerly Sec. 25(a), as added
Dec. 24, 1919, ch. 18, 41 Stat. 378; 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.).
Organized under this subchapter, referred to the second time in
text, was in the original ``organized hereunder'', meaning under section
25A of act Dec. 23, 1913.
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.
