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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. § 334 Issuance of Federal Reserve or national bank notes us united_states_code code_section 18 CRIMES AND CRIMINAL PROCEDURE 17 COINS AND CURRENCY 334 18 U.S.C. § 334 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/s334 data/legal/raw/us/code/title-18/usc18.xml a8ee639b468432284e99dfcc0b553aac878e47f6836cf02aa60578d77880755b 1a1bbbbdb59e376ada4eb7ad1056fd68d396679ee7ab59f0561af15006122708 5ea8bf16020c892e26105cd9c195a20bf035b68a7ecdce178b9a5b0166b2df50 2026-07-04 official
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18 U.S.C. § 334 - Issuance of Federal Reserve or national bank notes

Text

Whoever, being a Federal Reserve Agent, or an agent or employee of such Federal Reserve Agent, or of the Board of Governors of the Federal Reserve System, issues or puts in circulation any Federal Reserve notes, without complying with or in violation of the provisions of law regulating the issuance and circulation of such Federal Reserve notes; or Whoever, being an officer acting under the provisions of chapter 2 of Title 12, countersigns or delivers to any national banking association, or to any other company or person, any circulating notes contemplated by that chapter except in strict accordance with its provisions— Shall be fined under this title or imprisoned not more than five years, or both.

(June 25, 1948, ch. 645, 62 Stat. 700; Pub. L. 103322, title XXXIII, § 330016(1)(K), Sept. 13, 1994, 108 Stat. 2147.)

Notes

Historical and Revision NotesBased on sections 581 and 592 of title 12, U.S.C., 1940 ed., Banks and Banking (R.S. §§ 5187, 5209; Sept. 26, 1918, ch. 177, § 7, 40 Stat. 972; Aug. 23, 1935, ch. 614, § 316, 49 Stat. 712). This section consolidates section 581 and part of section 592 of title 12, U.S.C., 1940 ed., Banks and Banking. The punishment provision was drawn from said section 592 as being the latest expression of congressional intent, in preference to the provision of said section 581 which authorized a fine “not more than double the amount so countersigned and delivered and imprisonment not more than 15 years”. The words “shall be guilty of a misdemeanor” were omitted as unnecessary in view of definition of misdemeanor in section 1 of this title. Likewise the words “upon conviction in any district court of the United States” were omitted as unnecessary since punishment can follow only after conviction. (See revisers note under section 656 of this title for statement of reasons for dividing said section 592 into three revised sections, with consequent changes in phraseology, style, and arrangement.)

Editorial Notes

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