No person employed under the authority of the United States, in the collection of duties on imports or tonnage, shall own, either in whole or in part, any vessel (other than a yacht or other pleasure boat), or act as agent, attorney, or consignee for the owner or owners of any vessel, or of any cargo or lading on board the same; nor shall any such person import, or be concerned directly or indirectly in the importation of, any merchandise for sale into the United States. Every person who violates this section shall be liable to a penalty of $500.
June 17, 1930, ch. 49746 Stat. 753Pub. L. 95–410, title II, § 21292 Stat. 904(, title IV, § 599, ; , , .)
Editorial Notes
Prior Provisions
act Sept. 21, 1922, ch. 356, title IV, § 59942 Stat. 984Identical provisions were contained in R.S. § 2638, which was superseded by , , and repealed by section 642 thereof. Section 599 of the 1922 act was superseded by section 599 of act , comprising this section, and repealed by section 651(a)(1) of the 1930 act.
Amendments
Pub. L. 95–4101978— excepted from the interest prohibition ownership of a yacht or other pleasure boat.