U.S. Code, Title 18, Crimes and Criminal Procedure

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Author: "U.S. Congress, Office of the Law Revision Counsel"

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§ 335. Circulation of Obligations of Expired Corporations

     Whoever, being a director, officer, or agent of a corporation created by Act of Congress, the charter of which has expired, or trustee thereof, or an agent of such trustee, or a person having in his possession or under his control the property of such corporation for the purpose of paying or redeeming its notes and obligations, knowingly issues, reissues, or utters as money, or in any other way knowingly puts in circulation any bill, note, check, draft, or other security purporting to have been made by any such corporation, or by any officer thereof, or purporting to have been made under authority derived therefrom, shall be fined under this title or imprisoned not more than five years, or both.

(June 25, 1948, ch. 645, 62 Stat. 700; Pub. L. 103–322, title XXXIII, § 330016(1)(L), Sept. 13, 1994, 108 Stat. 2147.)

Historical and Revision Notes

     Based on title 18, U.S.C., 1940 ed., § 289 (Mar. 4, 1909, ch. 321, § 174, 35 Stat. 1122).

     The reference to persons aiding was omitted as unnecessary, since such persons are made principals by section 2 of this title.

     The last sentence excepting bona fide holders in due course was omitted as surplusage.

     Other changes in phraseology also were made.

Amendments

     1994—Pub. L. 103–322 substituted "fined under this title" for "fined not more than $10,000".

Section Referred to in Other Sections

     This section is referred to in section 492 of this title.

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Chicago: "U.S. Congress, Office of the Law Revision Counsel", "§ 335. Circulation of Obligations of Expired Corporations," U.S. Code, Title 18, Crimes and Criminal Procedure in U.S. Code, Title 18, Crimes and Criminal Procedure (Washington, D.C.: Government Printing Office, 2002), Original Sources, accessed July 20, 2019, http://www.originalsources.com/Document.aspx?DocID=1GR3QHLWFEDLK2X.

MLA: "U.S. Congress, Office of the Law Revision Counsel". "§ 335. Circulation of Obligations of Expired Corporations." U.S. Code, Title 18, Crimes and Criminal Procedure, in U.S. Code, Title 18, Crimes and Criminal Procedure, Washington, D.C., Government Printing Office, 2002, Original Sources. 20 Jul. 2019. www.originalsources.com/Document.aspx?DocID=1GR3QHLWFEDLK2X.

Harvard: "U.S. Congress, Office of the Law Revision Counsel", '§ 335. Circulation of Obligations of Expired Corporations' in U.S. Code, Title 18, Crimes and Criminal Procedure. cited in 2002, U.S. Code, Title 18, Crimes and Criminal Procedure, Government Printing Office, Washington, D.C.. Original Sources, retrieved 20 July 2019, from http://www.originalsources.com/Document.aspx?DocID=1GR3QHLWFEDLK2X.