Us Code § 1306 - Participation by financial institutions
Full text of Us Code United States Code § 1306 — Participation by financial institutions, with citation guidance and answers to common questions.
§ 1306. Participation by financial institutions
Whoever knowingly violates section 5136A 1 of the Revised Statutes of the United States, section 9A of the Federal Reserve Act, or section 20 of the Federal Deposit Insurance Act shall be fined under this title or imprisoned not more than one year, or both.
(Added Pub. L. 90–203, §5(a), Dec. 15, 1967, 81 Stat. 611; amended Pub. L. 101–73, title IX, §962(b), Aug. 9, 1989, 103 Stat. 502; Pub. L. 103–322, title XXXIII, §330016(1)(H), Sept. 13, 1994, 108 Stat. 2147.)
Editorial Notes
References in Text
Section 5136A of the Revised Statutes of the United States, referred to in text, was renumbered section 5136B and a new section 5136A was added by Pub. L. 106–102, title I, §121(a), Nov. 12, 1999, 113 Stat. 1373. Sections 5136A and 5136B of the Revised Statutes are classified to sections 24a and 25a, respectively, of Title 12, Banks and Banking.
Section 9A of the Federal Reserve Act, referred to in text, is classified to section 339 of Title 12.
Section 20 of the Federal Deposit Insurance Act, referred to in text, is classified to section 1829a of Title 12.
Amendments
1994—Pub. L. 103–322 substituted "fined under this title" for "fined not more than $1,000".
1989—Pub. L. 101–73 struck out reference to section 410 of the National Housing Act.
Statutory Notes and Related Subsidiaries
Effective Date
Section effective Apr. 1, 1968, see section 6 of Pub. L. 90–203, set out as a note under section 25a of Title 12, Banks and Banking.
About This Section
18 U.S.C. § 1306 is part of Title 18 of the United States Code. The United States Code is the official codification of federal statutes maintained by the Office of the Law Revision Counsel of the U.S. House of Representatives. Congress amends the Code through new public laws, which are eventually incorporated into the relevant title.
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