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§ 480. —  Possessing counterfeit foreign obligations or securities.



[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
  January 24, 2002 and December 19, 2002]
[CITE: 18USC480]

 
                 TITLE 18--CRIMES AND CRIMINAL PROCEDURE
 
                             PART I--CRIMES
 
                 CHAPTER 25--COUNTERFEITING AND FORGERY
 
Sec. 480. Possessing counterfeit foreign obligations or 
        securities
        
    Whoever, within the United States, knowingly and with intent to 
defraud, possesses or delivers any false, forged, or counterfeit bond, 
certificate, obligation, security, treasury note, bill, promise to pay, 
bank note, or bill issued by a bank or corporation of any foreign 
country, shall be fined under this title or imprisoned not more than 20 
years, or both.

(June 25, 1948, ch. 645, 62 Stat. 707; Pub. L. 103-322, title XXXIII, 
Sec. 330016(1)(H), Sept. 13, 1994, 108 Stat. 2147; Pub. L. 107-56, title 
III, Sec. 375(c), Oct. 26, 2001, 115 Stat. 341.)


                      Historical and Revision Notes

    Based on title 18, U.S.C., 1940 ed., Sec. 274 (Mar. 4, 1909, ch. 
321, Sec. 160, 35 Stat. 1118).
    Mandatory punishment provision was rephrased in the alternative.
    Changes were also made in phraseology.


                               Amendments

    2001--Pub. L. 107-56 substituted ``20 years'' for ``one year''.
    1994--Pub. L. 103-322 substituted ``fined under this title'' for 
``fined not more than $1,000''.


                   Termination Date of 2001 Amendment

    Amendments by title III of Pub. L. 107-56 to terminate effective on 
and after the first day of fiscal year 2005 if Congress enacts a joint 
resolution that such amendments no longer have the force of law, see 
section 303 of Pub. L. 107-56, set out as a Four-Year Congressional 
Review; Expedited Consideration note under section 5311 of Title 31, 
Money and Finance.

                  Section Referred to in Other Sections

    This section is referred to in sections 981, 982 of this title.



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