Federal · Title 18 — Crimes and Criminal Procedure

18 U.S.C. § 1026: Compromise, adjustment, or cancellation of farm indebtedness

Misdemeanor

What this law says, in plain English

Making false statements to influence the Secretary of Agriculture regarding farm debt compromise or cancellation is prohibited. Violation carries fines and/or imprisonment up to one year.

Read the full statutory text

Whoever knowingly makes any false statement for the purpose of influencing in any way the action of the Secretary of Agriculture, or of any person acting under his authority, in connection with any compromise, adjustment, or cancellation of any farm indebtedness as provided by sections 1150, 1150a, and 1150b of Title 12, shall be fined under this title or imprisoned not more than one year, or both.

Verify at the official source: Federal legislative text

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This page is legal information, not legal advice. Code text is sourced from official publications and may lag amendments — always confirm at the official source linked above. Plain-English summaries and relationship data are AI-derived and reviewed on an ongoing basis; verify with a licensed attorney before acting.