CITE
18 USC Sec. 1011 01/05/2009
EXPCITE
TITLE 18 - CRIMES AND CRIMINAL PROCEDURE
PART I - CRIMES
CHAPTER 47 - FRAUD AND FALSE STATEMENTS
HEAD
Sec. 1011. Federal land bank mortgage transactions
STATUTE
Whoever, being a mortgagee, knowingly makes any false statement
in any paper, proposal, or letter, relating to the sale of any
mortgage, to any Federal land bank; or
Whoever, being an appraiser, willfully over-values any land
securing such mortgage -
Shall be fined under this title or imprisoned not more than one
year, or both.
SOURCE
(June 25, 1948, ch. 645, 62 Stat. 751; Pub. L. 103-322, title
XXXIII, Sec. 330016(1)(K), Sept. 13, 1994, 108 Stat. 2147.)
HISTORICAL AND REVISION NOTES
Based on section 987 of title 12, U.S.C., 1940 ed., Banks and
Banking (July 17, 1916, ch. 245, Sec. 31, seventh paragraph, as
added June 16, 1933, ch. 98, Sec. 78, 48 Stat. 272).
Minor changes were made in phraseology.
AMENDMENTS
1994 - Pub. L. 103-322 substituted "fined under this title" for
"fined not more than $5,000" in last par.