2011 US Code
Title 18 - Crimes and Criminal Procedure
Part I - CRIMES (§§ 1 - 2725)
Chapter 25 - COUNTERFEITING AND FORGERY (§§ 470 - 514)
Section 470 - Counterfeit acts committed outside the United States
View MetadataPublication Title | United States Code, 2006 Edition, Supplement 5, Title 18 - CRIMES AND CRIMINAL PROCEDURE |
Category | Bills and Statutes |
Collection | United States Code |
SuDoc Class Number | Y 1.2/5: |
Contained Within | Title 18 - CRIMES AND CRIMINAL PROCEDURE PART I - CRIMES CHAPTER 25 - COUNTERFEITING AND FORGERY Sec. 470 - Counterfeit acts committed outside the United States |
Contains | section 470 |
Date | 2011 |
Laws in Effect as of Date | January 3, 2012 |
Positive Law | Yes |
Disposition | standard |
Short Titles | Counterfeit Deterrence Act of 1992 |
Source Credit | Added Pub. L. 103-322, title XII, §120003(a), Sept. 13, 1994, 108 Stat. 2021; amended Pub. L. 107-56, title III, §374(a), Oct. 26, 2001, 115 Stat. 340. |
Statutes at Large References | 106 Stat. 4070 108 Stat. 2021 110 Stat. 1308 115 Stat. 340 |
Public Law References | Public Law 102-550, Public Law 103-322, Public Law 104-132, Public Law 107-56 |
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A person who, outside the United States, engages in the act of—
(1) making, dealing, or possessing any counterfeit obligation or other security of the United States; or
(2) making, dealing, or possessing any plate, stone, analog, digital, or electronic image, or other thing, or any part thereof, used to counterfeit such obligation or security,
if such act would constitute a violation of section 471, 473, or 474 if committed within the United States, shall be punished as is provided for the like offense within the United States.
(Added Pub. L. 103–322, title XII, §120003(a), Sept. 13, 1994, 108 Stat. 2021; amended Pub. L. 107–56, title III, §374(a), Oct. 26, 2001, 115 Stat. 340.)
Amendments2001—Pub. L. 107–56, §374(a)(2), in concluding provisions, substituted “shall be punished as is provided for the like offense within the United States” for “shall be fined under this title, imprisoned not more than 20 years, or both”.
Par. (2). Pub. L. 107–56, §374(a)(1), inserted “analog, digital, or electronic image,” after “plate, stone,”.
Short Title of 1992 AmendmentPub. L. 102–550, title XV, §1551, Oct. 28, 1992, 106 Stat. 4070, provided that: “This subtitle [subtitle E (§§1551–1554) of title XV of Pub. L. 102–550, enacting section 474A of this title and amending sections 474 and 504 of this title] may be cited as the ‘Counterfeit Deterrence Act of 1992’.”
Combatting International Counterfeiting of United States CurrencyPub. L. 104–132, title VIII, §807, Apr. 24, 1996, 110 Stat. 1308, provided that:
“(a)
“(1) study the use and holding of United States currency in foreign countries; and
“(2) develop useful estimates of the amount of counterfeit United States currency that circulates outside the United States each year.
“(b)
“(1)
“(2)
“(3)
“(4)
“(c)
“(1)
“(2)
“(A) A detailed description of the evaluation audit process and the methods used to develop estimates of the amount of counterfeit United States currency in circulation outside the United States.
“(B) The method used to determine the currency sample examined in connection with the evaluation audit and a statistical analysis of the sample examined.
“(C) A list of the regions of the world, types of financial institutions, and other entities included.
“(D) An estimate of the total amount of United States currency found in each region of the world.
“(E) The total amount of counterfeit United States currency and the total quantity of each counterfeit denomination found in each region of the world.
“(3)
“(A)
“(B)
“(d)
“(e)
“(f)
“(1) United States currency is being counterfeited outside the United States.
“(2) The One Hundred Third Congress enacted, with the approval of the President on September 13, 1994, section 470 of title 18, United States Code, making such activity a crime under the laws of the United States.
“(3) The expeditious posting of agents of the United States Secret Service to overseas posts, which is necessary for the effective enforcement of section 470 and related criminal provisions, has been delayed.
“(4) While section 470 of title 18, United States Code, provides for a maximum term of imprisonment of 20 years as opposed to a maximum term of 15 years for domestic counterfeiting, the United States Sentencing Commission has failed to provide, in its sentencing guidelines, for an appropriate enhancement of punishment for defendants convicted of counterfeiting United States currency outside the United States.
“(g)
“(1)
“(A) consider in a timely manner the request by the Secretary of the Treasury for the placement of such number of agents of the United States Secret Service as the Secretary of the Treasury considers appropriate in posts in overseas embassies; and
“(B) reach an agreement with the Secretary of the Treasury on such posts as soon as possible and, in any event, not later than December 31, 1996.
“(2)
“(3)
“(h)
[For transfer of the functions, personnel, assets, and obligations of the United States Secret Service, including the functions of the Secretary of the Treasury relating thereto, to the Secretary of Homeland Security, and for treatment of related references, see sections 381, 551(d), 552(d), and 557 of Title 6, Domestic Security, and the Department of Homeland Security Reorganization Plan of November 25, 2002, as modified, set out as a note under section 542 of Title 6.]
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