§ 1010. — Department of Housing and Urban Development and Federal Housing Administration transactions.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 18USC1010]
TITLE 18--CRIMES AND CRIMINAL PROCEDURE
PART I--CRIMES
CHAPTER 47--FRAUD AND FALSE STATEMENTS
Sec. 1010. Department of Housing and Urban Development and
Federal Housing Administration transactions
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, Sec. 24(c), May
25, 1967, 81 Stat. 28; Pub. L. 103-322, title XXXIII, Sec. 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, Sec. 512(a), 48 Stat. 1265; Feb. 3,
1938, ch. 13, Sec. 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.
