2017 US Code
Title 18 - Crimes and Criminal Procedure
Part I - Crimes
Chapter 25 - Counterfeiting and Forgery
Sec. 480 - Possessing counterfeit foreign obligations or securities

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Citation 18 U.S.C. § 480 (2017)
Section Name §480. Possessing counterfeit foreign obligations or securities
Section Text

Whoever, within the United States, knowingly and with intent to defraud, possesses or delivers any false, forged, or counterfeit bond, certificate, obligation, security, treasury note, bill, promise to pay, bank note, or bill issued by a bank or corporation of any foreign country, shall be fined under this title or imprisoned not more than 20 years, or both.

Source Credit

(June 25, 1948, ch. 645, 62 Stat. 707; Pub. L. 103–322, title XXXIII, §330016(1)(H), Sept. 13, 1994, 108 Stat. 2147; Pub. L. 107–56, title III, §375(c), Oct. 26, 2001, 115 Stat. 341.)

Editorial Notes HISTORICAL AND REVISION NOTES

Based on title 18, U.S.C., 1940 ed., §274 (Mar. 4, 1909, ch. 321, §160, 35 Stat. 1118).

Mandatory punishment provision was rephrased in the alternative.

Changes were also made in phraseology.

AMENDMENTS

2001—Pub. L. 107–56 substituted "20 years" for "one year".

1994—Pub. L. 103–322 substituted "fined under this title" for "fined not more than $1,000".

Publication Title United States Code, 2012 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. 480 - Possessing counterfeit foreign obligations or securities
Contains section 480
Date 2017
Laws In Effect As Of Date January 12, 2018
Positive Law Yes
Disposition standard
Statutes at Large References 35 Stat. 1118
62 Stat. 707
108 Stat. 2147
115 Stat. 341
Public Law References Public Law 103-322, Public Law 107-56
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