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§ 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''.



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