18 U.S.C. § 337
Coins as security for loans
- Code
- United States Code
- Title
- 18
- Section
- 337
- Text current through
- Pub. L. 119-111
What does the statute say?
§ 337. Coins as security for loans
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.)
Editorial Notes
Amendments
1994—Pub. L. 103–322 substituted “fined under this title” for “fined not more than $10,000”.
Statutory Notes and Related Subsidiaries
Effective Date
Pub. L. 89–81, title II, § 212(c), July 23, 1965, 79 Stat. 257, provided that: “The amendments made by this section [enacting this section] shall apply only with respect to loans made, renewed, or increased on or after the 31st day after the date of enactment of this Act [July 23, 1965].”
The text is copied from the official source: uscode.house.gov. This is the stored text for research. It is not legal advice; check the official source before you rely on it.