Laws: Cases and Codes : U.S. Code : Title 18 : Section 215


   
U.S. Code as of: 01/19/04
Section 215. Receipt of commissions or gifts for procuring loans

      (a) Whoever - 
        (1) corruptly gives, offers, or promises anything of value to
      any person, with intent to influence or reward an officer,
      director, employee, agent, or attorney of a financial institution
      in connection with any business or transaction of such
      institution; or
        (2) as an officer, director, employee, agent, or attorney of a
      financial institution, corruptly solicits or demands for the
      benefit of any person, or corruptly accepts or agrees to accept,
      anything of value from any person, intending to be influenced or
      rewarded in connection with any business or transaction of such
      institution;

    shall be fined not more than $1,000,000 or three times the value of
    the thing given, offered, promised, solicited, demanded, accepted,
    or agreed to be accepted, whichever is greater, or imprisoned not
    more than 30 years, or both, but if the value of the thing given,
    offered, promised, solicited, demanded, accepted, or agreed to be
    accepted does not exceed $1,000, shall be fined under this title or
    imprisoned not more than one year, or both.
      [(b) Transferred]
      (c) This section shall not apply to bona fide salary, wages,
    fees, or other compensation paid, or expenses paid or reimbursed,
    in the usual course of business.
      (d) Federal agencies with responsibility for regulating a
    financial institution shall jointly establish such guidelines as
    are appropriate to assist an officer, director, employee, agent, or
    attorney of a financial institution to comply with this section.
    Such agencies shall make such guidelines available to the public.



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