§ 1903. — Speculation in stocks or commodities affecting crop insurance.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 18USC1903]
TITLE 18--CRIMES AND CRIMINAL PROCEDURE
PART I--CRIMES
CHAPTER 93--PUBLIC OFFICERS AND EMPLOYEES
Sec. 1903. Speculation in stocks or commodities affecting crop
insurance
Whoever, while acting in any official capacity in the administration
of any Act of Congress relating to crop insurance or to the Federal Crop
Insurance Corporation speculates in any agricultural commodity or
product thereof, to which such enactments apply, or in contracts
relating thereto, or in the stock or membership interests of any
association or corporation engaged in handling, processing, or disposing
of any such commodity or product, shall be fined under this title or
imprisoned not more than two years, or both.
(June 25, 1948, ch. 645, 62 Stat. 790; Pub. L. 103-322, title XXXIII,
Sec. 330016(1)(L), Sept. 13, 1994, 108 Stat. 2147.)
Historical and Revision Notes
Based on section 1514(b) of title 7, U.S.C., 1940 ed., Agriculture
(Feb. 16, 1938, ch. 30, title V, Sec. 514(b), 52 Stat. 76).
Words ``upon conviction thereof'' were omitted as surplusage since
punishment can be imposed only after a conviction.
Minor changes were made in phraseology and translations.
Amendments
1994--Pub. L. 103-322 substituted ``fined under this title'' for
``fined not more than $10,000''.