If the Treasurer of the United States or any public depositary fails to keep safely all moneys deposited by any disbursing officer or disbursing agent, as well as all moneys deposited by any receiver, collector, or other person having money of the United States, he is guilty of embezzlement, and shall be fined under this title or in a sum equal to the amount of money so embezzled, whichever is greater, or imprisoned not more than ten years, or both; but if the amount embezzled does not exceed $1,000, he shall be fined under this title or imprisoned not more than one year, or both.
June 25, 1948, ch. 64562 Stat. 727Pub. L. 103–322, title XXXIII, § 330016(1)(H)108 Stat. 2147Pub. L. 104–294, title VI, § 606(a)110 Stat. 3511(, ; , (2)(G), , , 2148; , , .)
Historical and Revision Notes
Mar. 4, 1909, ch. 321, § 8835 Stat. 1105May 29, 1920, ch. 214, § 141 Stat. 654Based on title 18, U.S.C., 1940 ed., § 174, (, ; , .)
Mandatory punishment provisions stated in alternative.
The smaller punishment for offenses involving $100 or less was added. (See reviser’s note under sections 641, 645 of this title.)
Minor changes were made in phraseology.
Editorial Notes
Amendments
Pub. L. 104–2941996— substituted “$1,000” for “$100”.
Pub. L. 103–322, § 330016(2)(G)1994—, substituted “shall be fined under this title or in a sum equal to the amount of money so embezzled, whichever is greater, or imprisoned” for “shall be fined in a sum equal to the amount of money so embezzled or imprisoned”.
Pub. L. 103–322, § 330016(1)(H), substituted “fined under this title” for “fined not more than $1,000” after “he shall be”.
Executive Documents
Transfer of Functions
64 Stat. 1280Functions of all officers of Department of the Treasury, and functions of all agencies and employees of such Department, transferred, with certain exceptions, to Secretary of the Treasury, with power vested in him to authorize their performance or performance of any of his functions, by any of such officers, agencies, and employees, by Reorg. Plan No. 26 of 1950, §§ 1, 2, eff. , 15 F.R. 4935, , 1281, set out in the Appendix to Title 5, Government Organization and Employees. The Treasurer of the United States, referred to in this section, is an officer of Department of the Treasury.