Laws: Cases and Codes : U.S. Code : Title 18 : Section 660


   
U.S. Code as of: 01/19/04
Section 660. Carrier's funds derived from commerce; State prosecutions

      Whoever, being a president, director, officer, or manager of any
    firm, association, or corporation engaged in commerce as a common
    carrier, or whoever, being an employee of such common carrier
    riding in or upon any railroad car, motortruck, steamboat, vessel,
    aircraft or other vehicle of such carrier moving in interstate
    commerce, embezzles, steals, abstracts, or willfully misapplies, or
    willfully permits to be misapplied, any of the moneys, funds,
    credits, securities, property, or assets of such firm, association,
    or corporation arising or accruing from, or used in, such commerce,
    in whole or in part, or willfully or knowingly converts the same to
    his own use or to the use of another, shall be fined under this
    title or imprisoned not more than ten years, or both.
      The offense shall be deemed to have been committed not only in
    the district where the violation first occurred but also in any
    district in which the defendant may have taken or had possession of
    such moneys, funds, credits, securities, property or assets.
      A judgment of conviction or acquittal on the merits under the
    laws of any State shall be a bar to any prosecution hereunder for
    the same act or acts.



Previous [Notes] Next

Related Resources

Criminal Law Guide

Criminal Law Articles and Documents

Federal White Collar Crime Summary

Criminal Law Discussion

Ads by FindLaw