Federal · Title 18 — Crimes and Criminal Procedure
18 U.S.C. § 1306: Participation by financial institutions
Misdemeanor
What this law says, in plain English
Knowingly violating specified federal banking statutes is punishable by a fine, imprisonment up to one year, or both.
Read the full statutory text
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. 1 See References in Text note below.
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