§ 1011. Federal land bank mortgage transactions
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/usc/title-18/section-1011A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.
(June 25, 1948, ch. 645, 62 Stat. 751; Pub. L. 103–322, title XXXIII, § 330016(1)(K), Sept. 13, 1994, 108 Stat. 2147.)
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.
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9 references not yet in our index
- June 25, 1948, ch. 645
- 62 Stat. 751
- Pub. L. 103–322, title XXXIII, § 330016(1)(K)
- 108 Stat. 2147
- section 987 of title 12
- July 17, 1916, ch. 245, § 31
- June 16, 1933, ch. 98, § 78
- 48 Stat. 272
- Pub. L. 103–322
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§ 1011
Federal land bank mortgage transactions
Fed. Reg.×3
ActJune 25, 1948, ch. 645
Stat.62 Stat. 751
Pub. L.Pub. L. 103–322, title XXXIII, § 330016(1)(K)
Stat.108 Stat. 2147
Citesection 987 of title 12
Cites 9 · showing 5Cited by 3 across 1 source