§ 217. Acceptance of consideration for adjustment of farm indebtedness

190 words·~1 min read·/usc/title-18/section-217

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Whoever, being an officer or employee of, or person acting for the United States or any agency thereof, accepts any fee, commission, gift, or other consideration in connection with the compromise, adjustment, or cancellation of any farm indebtedness as provided by sections 1150, 1150a, and 1150b of Title 12, shall be fined under this title or imprisoned not more than one year, or both.

(June 25, 1948, ch. 645, 62 Stat. 696, § 217, formerly § 222; renumbered § 217, Pub. L. 87–849, § 1(d), Oct. 23, 1962, 76 Stat. 1125; Pub. L. 103–322, title XXXIII, § 330016(1)(H), Sept. 13, 1994, 108 Stat. 2147.)

Historical and Revision Notes

Based on section 1150c(b) of title 12, U.S.C., 1940 ed., Banks and Banking (Dec. 20, 1944, ch. 623, § 4(b), 58 Stat. 837).

Words “upon conviction thereof” were omitted as surplusage, since punishment cannot be imposed until after conviction.

Other changes were made in phraseology without change of substance.

Connections2 cite this · traces to 2

Cited by 2 sections

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U.S. Code

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June 25, 1948, ch. 645
62 Stat. 696
Pub. L. 87–849, § 1(d)
76 Stat. 1125
Pub. L. 103–322, title XXXIII, § 330016(1)(H)
108 Stat. 2147
Dec. 20, 1944, ch. 623, § 4(b)
58 Stat. 837
Pub. L. 103–322

Citation graph

cites case law

§ 217

Acceptance of consideration for adjustment of farm indebtedness

Fed. Reg.×2

U.S.C.§ 1150c

U.S.C.§ 212

ActJune 25, 1948, ch. 645

Stat.62 Stat. 696

Pub. L.Pub. L. 87–849, § 1(d)

Stat.76 Stat. 1125

Pub. L.Pub. L. 103–322, title XXXIII, § 330016(1)(H)

Cites 11 · showing 7Cited by 2 across 1 source