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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. § 1903 Speculation in stocks or commodities affecting crop insurance us united_states_code code_section 18 CRIMES AND CRIMINAL PROCEDURE 93 PUBLIC OFFICERS AND EMPLOYEES 1903 18 U.S.C. § 1903 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/s1903 data/legal/raw/us/code/title-18/usc18.xml 400695b083809961a09c764a25f13cd4134fbade31c689c55a4c39d746cad4ab 1a1bbbbdb59e376ada4eb7ad1056fd68d396679ee7ab59f0561af15006122708 9d3451525497896f466239b6f7a43d747c1613301e63e171b88866ded3a20db4 2026-07-04 official
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18 U.S.C. § 1903 - Speculation in stocks or commodities affecting crop insurance

Text

Whoever, while acting in any official capacity in the administration of any Act of Congress relating to crop insurance or to the Federal Crop Insurance Corporation speculates in any agricultural commodity or product thereof, to which such enactments apply, or in contracts relating thereto, or in the stock or membership interests of any association or corporation engaged in handling, processing, or disposing of any such commodity or product, shall be fined under this title or imprisoned not more than two years, or both.

(June 25, 1948, ch. 645, 62 Stat. 790; Pub. L. 103322, title XXXIII, § 330016(1)(L), Sept. 13, 1994, 108 Stat. 2147.)

Notes

Historical and Revision NotesBased on section 1514(b) of title 7, U.S.C., 1940 ed., Agriculture (Feb. 16, 1938, ch. 30, title V, § 514(b), 52 Stat. 76). Words “upon conviction thereof” were omitted as surplusage since punishment can be imposed only after a conviction. Minor changes were made in phraseology and translations.

Editorial Notes

Amendments1994—Pub. L. 103322 substituted “fined under this title” for “fined not more than $10,000”.