Laws: Cases and Codes : U.S. Code : Title 12 : Section 630


   
U.S. Code as of: 01/19/04
Section 630. Offenses by officers of corporation; punishment

      Every officer, director, clerk, employee, or agent of any
    corporation organized under this subchapter who embezzles,
    abstracts, or willfully misapplies any of the moneys, funds,
    credits, securities, evidences of indebtedness or assets of any
    character of such corporation; or who, without authority from the
    directors, issues or puts forth any certificate of deposit, draws
    any order or bill of exchange, makes any acceptance, assigns any
    note, bond, debenture, draft, bill of exchange, mortgage, judgment,
    or decree; or who makes any false entry in any book, report, or
    statement of such corporation with intent, in either case, to
    injure or defraud such corporation or any other company, body
    politic or corporate, or any individual person, or to deceive any
    officer of such corporation, the Board of Governors of the Federal
    Reserve System, or any agent or examiner appointed to examine the
    affairs of any such corporation; and every receiver of any such
    corporation and every clerk or employee of such receiver who shall
    embezzle, abstract, or willfully misapply or wrongfully convert to
    his own use any moneys, funds, credits, or assets of any character
    which may come into his possession or under his control in the
    execution of his trust or the performance of the duties of his
    employment; and every such receiver or clerk or employee of such
    receiver who shall, with intent to injure or defraud any person,
    body politic or corporate, or to deceive or mislead the Board of
    Governors of the Federal Reserve System, or any agent or examiner
    appointed to examine the affairs of such receiver, shall make any
    false entry in any book, report, or record of any matter connected
    with the duties of such receiver; and every person who with like
    intent aids or abets any officer, director, clerk, employee, or
    agent of any corporation organized under this subchapter, or
    receiver or clerk or employee of such receiver as aforesaid in any
    violation of this subchapter, shall upon conviction thereof be
    imprisoned for not less than two years nor more than ten years, and
    may also be fined not more than $5,000, in the discretion of the
    court.



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