Laws: Cases and Codes : U.S. Code : Title 18 : Section 655


   
U.S. Code as of: 01/19/04
Section 655. Theft by bank examiner

      Whoever, being a bank examiner or assistant examiner, steals, or
    unlawfully takes, or unlawfully conceals any money, note, draft,
    bond, or security or any other property of value in the possession
    of any bank or banking institution which is a member of the Federal
    Reserve System, which is insured by the Federal Deposit Insurance
    Corporation, which is a 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 which is an organization
    operating under section 25 or section 25(a) (!1) of the Federal
    Reserve Act, or from any safe deposit box in or adjacent to the
    premises of such bank, branch, agency, or organization, shall be
    fined under this title or imprisoned not more than five years, or
    both; but if the amount taken or concealed does not exceed $1,000,
    he shall be fined under this title or imprisoned not more than one
    year, or both; and shall be disqualified from holding office as a
    national bank examiner or Federal Deposit Insurance Corporation
    examiner.

      This section shall apply to all public examiners and assistant
    examiners who examine member banks of the Federal Reserve System,
    banks the deposits of which are insured by the Federal Deposit
    Insurance Corporation, branches or agencies of foreign banks (as
    such terms are defined in paragraphs (1) and (3) of section 1(b) of
    the International Banking Act of 1978), or organizations operating
    under section 25 or section 25(a) (!1) of the Federal Reserve Act,
    whether appointed by the Comptroller of the Currency, by the Board
    of Governors of the Federal Reserve System, by a Federal Reserve
    Agent, by a Federal Reserve bank, or by the Federal Deposit
    Insurance Corporation, or appointed or elected under the laws of
    any State; but shall not apply to private examiners or assistant
    examiners employed only by a clearing-house association or by the
    directors of a bank.



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