Us Code § 1903 - Speculation in stocks or commodities affecting crop insurance
Full text of Us Code United States Code § 1903 — Speculation in stocks or commodities affecting crop insurance, with citation guidance and answers to common questions.
§ 1903. Speculation in stocks or commodities affecting crop insurance
Whoever, while acting in any official capacity in the administration of any Act of Congress relating to crop insurance or to the Federal Crop Insurance Corporation speculates in any agricultural commodity or product thereof, to which such enactments apply, or in contracts relating thereto, or in the stock or membership interests of any association or corporation engaged in handling, processing, or disposing of any such commodity or product, shall be fined under this title or imprisoned not more than two years, or both.
(June 25, 1948, ch. 645, 62 Stat. 790; Pub. L. 103–322, title XXXIII, §330016(1)(L), Sept. 13, 1994, 108 Stat. 2147.)
Historical and Revision Notes
Based on section 1514(b) of title 7, U.S.C., 1940 ed., Agriculture (Feb. 16, 1938, ch. 30, title V, §514(b), 52 Stat. 76).
Words "upon conviction thereof" were omitted as surplusage since punishment can be imposed only after a conviction.
Minor changes were made in phraseology and translations.
Editorial Notes
Amendments
1994—Pub. L. 103–322 substituted "fined under this title" for "fined not more than $10,000".
About This Section
18 U.S.C. § 1903 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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