§480 . Possessing counterfeit foreign obligations or securities

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 one year, or both.

(June 25, 1948, ch. 645, 62 Stat. 707 ; Sept. 13, 1994, Pub. L. 103–322, title XXXIII, §330016(1)(H), 108 Stat. 2147 .)

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

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

Canal Zone

Applicability of section to Canal Zone, see section 14 of this title.

Section Referred to in Other Sections

This section is referred to in sections 14, 981, 982 of this title.