Uttering counterfeit foreign obligations or securities
Official text prohibited actmental stateif conditionpenaltylegal term
Whoever, within the United States, knowingly and with intent to defraud, utters, passes, or puts off, in payment or negotiation, any false, forged, or counterfeited bond, certificate, obligation, security, treasury note, bill, or promise to pay, mentioned in section 478 of this title, whether or not the same was made, altered, forged, or counterfeited within the United States, shall be or imprisoned not more than 20 years, or both.
History: (June 25, 1948, ch. 645, 62 Stat. 707 (PDF, 39 MB); Pub. L. 103–322, title XXXIII, §330016(1)(J), Sept. 13, 1994, 108 Stat. 2147 (PDF, 52 MB); Pub. L. 107–56, title III, §375(b), Oct. 26, 2001, 115 Stat. 341.)
Simplified explanation
It is a federal crime, within the United States, to knowingly use or pass fake foreign government bonds, securities, or paper money as payment, with intent to defraud.