Public Law 119-88 (05/04/2026)

18 U.S.C. § 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 20 years, or both.

June 25, 1948, ch. 645 62 Stat. 707 Pub. L. 103–322, title XXXIII, § 330016(1)(H)108 Stat. 2147 Pub. L. 107–56, title III, § 375(c)115 Stat. 341 (, ; , , ; , , .)

Historical and Revision Notes

Mar. 4, 1909, ch. 321, § 160 35 Stat. 1118 Based on title 18, U.S.C., 1940 ed., § 274 (, ).

Mandatory punishment provision was rephrased in the alternative.

Changes were also made in phraseology.

Editorial Notes

Amendments

Pub. L. 107–562001— substituted “20 years” for “one year”.

Pub. L. 103–3221994— substituted “fined under this title” for “fined not more than $1,000”.