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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. § 214 Offer for procurement of Federal Reserve bank loan and discount of commercial paper us united_states_code code_section 18 CRIMES AND CRIMINAL PROCEDURE 11 BRIBERY, GRAFT, AND CONFLICTS OF INTEREST 214 18 U.S.C. § 214 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/s214 data/legal/raw/us/code/title-18/usc18.xml 6d7297aae18d3903b97a4d7a1cede44d1a5b58ae99762cde0dc3953a2d9e4ffe 1a1bbbbdb59e376ada4eb7ad1056fd68d396679ee7ab59f0561af15006122708 2fd5bc1c1fd34424c2c8248c07721540996ddb39e4f348583976008f28b92c30 2026-07-04 official
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18 U.S.C. § 214 - Offer for procurement of Federal Reserve bank loan and discount of commercial paper

Text

Whoever stipulates for or gives or receives, or consents or agrees to give or receive, any fee, commission, bonus, or thing of value for procuring or endeavoring to procure from any Federal Reserve bank any advance, loan, or extension of credit or discount or purchase of any obligation or commitment with respect thereto, either directly from such Federal Reserve bank or indirectly through any financing institution, unless such fee, commission, bonus, or thing of value and all material facts with respect to the arrangement or understanding therefor shall be disclosed in writing in the application or request for such advance, loan, extension of credit, discount, purchase, or commitment, shall be fined under this title or imprisoned not more than one year, or both.

(June 25, 1948, ch. 645, 62 Stat. 695, § 214, formerly § 219; renumbered § 214, Pub. L. 87849, § 1(d), Oct. 23, 1962, 76 Stat. 1125; Pub. L. 103322, title XXXIII, § 330016(1)(K), Sept. 13, 1994, 108 Stat. 2147.)

Notes

Historical and Revision NotesBased on section 599 of title 12, U.S.C., 1940 ed., Banks and Banking (Dec. 23, 1913, ch. 6, § 22(k), as added by act June 19, 1934, ch. 653, § 3, 48 Stat. 1108). Final sentence of said section 599, imposing civil liability on violators, was omitted as unnecessary, being merely a declaration of that rule of common law which in the absence of statute fixes civil liability on the wrongdoer. Minor changes were made in phraseology.

Editorial Notes

Prior ProvisionsA prior section 214 of this title was renumbered section 210.

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