Laws: Cases and Codes : U.S. Code : Title 18 : Section 648


   
U.S. Code as of: 01/19/04
Section 648. Custodians, generally, misusing public funds

      Whoever, being an officer or other person charged by any Act of
    Congress with the safe-keeping of the public moneys, loans, uses,
    or converts to his own use, or deposits in any bank, including any
    branch or agency of a foreign bank (as such terms are defined in
    paragraphs (1) and (3) of section 1(b) of the International Banking
    Act of 1978), or exchanges for other funds, except as specially
    allowed by law, any portion of the public moneys intrusted to him
    for safe-keeping, is guilty of embezzlement of the money so loaned,
    used, converted, deposited, or exchanged, and shall be fined under
    this title or in a sum equal to the amount of money so embezzled,
    whichever is greater, or imprisoned not more than ten years, or
    both; but if the amount embezzled does not exceed $1,000, he shall
    be fined under this title or imprisoned not more than one year, or
    both.



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