Farm loan bonds and credit bank debentures
Official text prohibited actmental stateif conditionpenaltylegal term
Whoever deceives, defrauds, or imposes upon, or to deceive, defraud, or impose upon any person, partnership, corporation, or association by making any false pretense or representation concerning the character, issue, security, contents, conditions, or terms of any farm loan bond, or coupon, issued by any Federal land bank or banks; or of any debenture, coupon, or other obligation, issued by any Federal intermediate credit bank or banks; or by falsely pretending or representing that any farm loan bond, or coupon, is anything other than, or different from, what it purports to be on the face of said bond or coupon, shall be or imprisoned not more than one year, or both.
History: (June 25, 1948, ch. 645, 62 Stat. 752 (PDF, 39 MB); Pub. L. 97–297, §4(a), Oct. 12, 1982, 96 Stat. 1318; Pub. L. 103–322, title XXXIII, §§330004(8), 330016(1)(G), Sept. 13, 1994, 108 Stat. 2141 (PDF, 52 MB), 2147.)
Simplified explanation
It is a federal crime to deceive or cheat anyone, or try to, by lying about farm loan bonds issued by Federal land banks or debentures issued by Federal intermediate credit banks.