United States Code (Last Updated: May 24, 2014) |
Title 18. CRIMES AND CRIMINAL PROCEDURE |
Part I. CRIMES |
Chapter 17. COINS AND CURRENCY |
§ 337. Coins as security for loans
Latest version.
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Whoever lends or borrows money or credit upon the security of such coins of the United States as the Secretary of the Treasury may from time to time designate by proclamation published in the Federal Register, during any period designated in such a proclamation, shall be fined under this title or imprisoned not more than one year, or both.
(Added Pub. L. 89–81, title II, § 212(a), July 23, 1965 , 79 Stat. 257; amended Pub. L. 103–322, title XXXIII, § 330016(1)(L), Sept. 13, 1994 , 108 Stat. 2147.)
Amendments
1994—Pub. L. 103–322 substituted “fined under this title” for “fined not more than $10,000”.
Effective Date
Pub. L. 89–81, title II, § 212(c),