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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 18 U.S.C. § 1011 Federal land bank mortgage transactions us united_states_code code_section 18 CRIMES AND CRIMINAL PROCEDURE 47 FRAUD AND FALSE STATEMENTS 1011 18 U.S.C. § 1011 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc18@119-100.zip /us/usc/t18/s1011 data/legal/raw/us/code/title-18/usc18.xml 2f78a336faf2fdb6d82af1f8b794888bc90cd6cec9f4a736cae26eee9d93ddea 1a1bbbbdb59e376ada4eb7ad1056fd68d396679ee7ab59f0561af15006122708 3e987015c9cb62a5390d61caa1c487dfc41d003cdbf9e7984e13f37f57d8850a 2026-07-04 official
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18 U.S.C. § 1011 - Federal land bank mortgage transactions

Text

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. 103322, title XXXIII, § 330016(1)(K), Sept. 13, 1994, 108 Stat. 2147.)

Notes

Historical and Revision NotesBased 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.

Editorial Notes

Amendments1994—Pub. L. 103322 substituted “fined under this title” for “fined not more than $5,000” in last par.