§ 480
Possessing counterfeit foreign obligations or securities
Official text prohibited actmental stateif conditionpenaltylegal term
Whoever, within the United States, knowingly and with intent to defraud, possesses or delivers any false, forged, or counterfeit bond, certificate, obligation, security, treasury note, bill, promise to pay, bank note, or bill issued by a bank or corporation of any foreign country, 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)(H), Sept. 13, 1994, 108 Stat. 2147 (PDF, 52 MB); Pub. L. 107–56, title III, §375(c), Oct. 26, 2001, 115 Stat. 341.)
Simplified explanation
It is a federal crime, within the United States, to knowingly possess or deliver fake foreign government securities or fake foreign bank notes, with intent to defraud.