Whoever, being a mortgagee, knowingly makes any false statement in any paper, proposal, or letter, relating to the sale of any mortgage, to any Federal land bank; or
Whoever, being an appraiser, willfully over-values any land securing such mortgage-
Shall be fined under this title or imprisoned not more than one year, or both.
18 U.S.C. § 1011
HISTORICAL AND REVISION NOTES Based on section 987 of title 12, U.S.C., 1940 ed., Banks and Banking (July 17, 1916, ch. 245, §31, seventh paragraph, as added June 16, 1933, ch. 98, §78, 48 Stat. 272).Minor changes were made in phraseology.
EDITORIAL NOTES
AMENDMENTS1994- Pub. L. 103-322 substituted "fined under this title" for "fined not more than $5,000" in last par.