18 U.S.C. § 1903

Current through P.L. 118-106 (published on www.congress.gov on 10/04/2024)

Section 1903 - Speculation in stocks or commodities affecting crop insurance

Whoever, while acting in any official capacity in the administration of any Act of Congress relating to crop insurance or to the Federal Crop Insurance Corporation speculates in any agricultural commodity or product thereof, to which such enactments apply, or in contracts relating thereto, or in the stock or membership interests of any association or corporation engaged in handling, processing, or disposing of any such commodity or product, shall be fined under this title or imprisoned not more than two years, or both.

18 U.S.C. § 1903

June 25, 1948, ch. 645, 62 Stat. 790; Pub. L. 103-322, title XXXIII, §330016(1)(L), Sept. 13, 1994, 108 Stat. 2147.

HISTORICAL AND REVISION NOTESBased on section 1514(b) of title 7, U.S.C., 1940 ed., Agriculture (Feb. 16, 1938, ch. 30, title V, §514(b), 52 Stat. 76).Words "upon conviction thereof" were omitted as surplusage since punishment can be imposed only after a conviction.Minor changes were made in phraseology and translations.

EDITORIAL NOTES

AMENDMENTS1994- Pub. L. 103-322 substituted "fined under this title" for "fined not more than $10,000".