Insufficient delivery of money or property for military or naval service
Official text prohibited actmental stateif conditionpenaltylegal term
Whoever, having charge, possession, custody, or control of any money or other public property used or to be used in the military or naval service, with intent to defraud the United States, or any agency thereof, or any corporation in which the United States has a proprietary interest, or intending to conceal such money or other property, delivers to any person having authority to receive the same any amount of such money or other property less than that for which he received a certificate or took a receipt, shall be or imprisoned not more than ten years, or both.
History: (June 25, 1948, ch. 645, 62 Stat. 754 (PDF, 39 MB); Pub. L. 103–322, title XXXIII, §330016(1)(L), Sept. 13, 1994, 108 Stat. 2147 (PDF, 52 MB).)
Simplified explanation
It is a federal crime for a person in charge of military money or property to hand over less than the amount they signed a receipt or certificate for. It applies when they do this to cheat the United States (or a company the government partly owns) or to hide the money or property.