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Code · BILL · 117th Congress · S. 3697 (Introduced in Senate) — To improve the prohibitions on money laundering, and for other purposes. · Sec. 10

Sec. 10. Conduct in aid of counterfeiting

297 words·~1 min read·/bill/117/s/3697/is/section-10

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Section 474(a) of title 18, United States Code, is amended by inserting after the paragraph beginning Whoever has in his control, custody, or possession any plate the following: Whoever, with intent to defraud, has custody, control, or possession of any material, tool, machinery, or other equipment that can be used to make, alter, forge, or counterfeit any obligation or other security of the United States or any part of such obligation or security, except under the authority of the Secretary of the Treasury; or .
Section 481 of title 18, United States Code, is amended by inserting after the paragraph beginning Whoever, with intent to defraud the following: Whoever, with intent to defraud, has custody, control, or possession of any material, tool, machinery, or other equipment that can be used to make, alter, forge, or counterfeit any obligation or other security of any foreign government, bank, or corporation; or . Section 470 of title 18, United States Code, is amended by striking or 474 and inserting 474, or 474A .
Section 474A of title 18, United States Code, is amended— in subsection (a), by inserting , custody, after control ; in subsection (b)— by inserting , custody, after control ; and by striking any essentially identical feature or device adapted to the making of any such obligation or security, and inserting any material or other thing made after or in similitude of any such deterrent, ; and by adding at the end the following: Whoever has in his control, custody, or possession any obligation or security of the United States or any foreign government from which the ink or other distinctive counterfeit deterrent has been completely or partially removed, except under the authority of the Secretary of the Treasury, is guilty of a class B felony. .
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