§ 1011. — Federal land bank mortgage 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: 18USC1011]
TITLE 18--CRIMES AND CRIMINAL PROCEDURE
PART I--CRIMES
CHAPTER 47--FRAUD AND FALSE STATEMENTS
Sec. 1011. Federal land bank mortgage transactions
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,
Sec. 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, Sec. 31, seventh paragraph, as added
June 16, 1933, ch. 98, Sec. 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.
Section Referred to in Other Sections
This section is referred to in section 3056 of this title.
