Receiving loan from court officer
Official text prohibited actmental stateif conditionpenaltylegal term
Whoever knowingly receives, from a clerk or other officer of a court of the United States, as a deposit, loan, or otherwise, any money belonging in the registry of such court, is guilty of embezzlement, and shall be or not more than the amount embezzled, whichever is greater, or imprisoned not more than ten years, or both; but if the amount embezzled does not exceed $1,000, he shall be or imprisoned not more than one year, or both.
History: (June 25, 1948, ch. 645, 62 Stat. 727 (PDF, 39 MB); Pub. L. 103–322, title XXXIII, §330016(1)(H), (2)(G), Sept. 13, 1994, 108 Stat. 2147 (PDF, 52 MB), 2148; Pub. L. 104–294, title VI, §606(a), Oct. 11, 1996, 110 Stat. 3511.)
Simplified explanation
It is a federal embezzlement crime to knowingly accept money that belongs in a federal court's registry (funds the court holds) from a court clerk or officer, whether as a loan, deposit, or otherwise.