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§ 335. —  Circulation of obligations of expired corporations.



[Laws in effect as of January 7, 2003]
[Document not affected by Public Laws enacted between
  January 7, 2003 and December 19, 2003]
[CITE: 18USC335]

 
                 TITLE 18--CRIMES AND CRIMINAL PROCEDURE
 
                             PART I--CRIMES
 
                     CHAPTER 17--COINS AND CURRENCY
 
Sec. 335. Circulation of obligations of expired corporations

    Whoever, being a director, officer, or agent of a corporation 
created by Act of Congress, the charter of which has expired, or trustee 
thereof, or an agent of such trustee, or a person having in his 
possession or under his control the property of such corporation for the 
purpose of paying or redeeming its notes and obligations, knowingly 
issues, reissues, or utters as money, or in any other way knowingly puts 
in circulation any bill, note, check, draft, or other security 
purporting to have been made by any such corporation, or by any officer 
thereof, or purporting to have been made under authority derived 
therefrom, shall be fined under this title or imprisoned not more than 
five years, or both.

(June 25, 1948, ch. 645, 62 Stat. 700; Pub. L. 103-322, title XXXIII, 
Sec. 330016(1)(L), Sept. 13, 1994, 108 Stat. 2147.)


                      Historical and Revision Notes

    Based on title 18, U.S.C., 1940 ed., Sec. 289 (Mar. 4, 1909, ch. 
321, Sec. 174, 35 Stat. 1122).
    The reference to persons aiding was omitted as unnecessary, since 
such persons are made principals by section 2 of this title.
    The last sentence excepting bona fide holders in due course was 
omitted as surplusage.
    Other changes in phraseology also were made.


                               Amendments

    1994--Pub. L. 103-322 substituted ``fined under this title'' for 
``fined not more than $10,000''.

                  Section Referred to in Other Sections

    This section is referred to in section 492 of this title.



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