12 U.S.C. § 630

Offenses by officers of corporation; punishment

Read at: OLRCuscode.house.gov CornellLII GovInfogovinfo.gov JustiaTitle 12 CasesGoogle Scholar

Every officer, director, clerk, employee, or agent of any corporation organized under this subchapter who embezzles, abstracts, or willfully misapplies any of the moneys, funds, credits, securities, evidences of indebtedness or assets of any character of such corporation; or who, without authority from the directors, issues or puts forth any certificate of deposit, draws any order or bill of exchange, makes any acceptance, assigns any note, bond, debenture, draft, bill of exchange, mortgage, judgment, or decree; or who makes any false entry in any book, report, or statement of such corporation with intent, in either case, to injure or defraud such corporation or any other company, body politic or corporate, or any individual person, or to deceive any officer of such corporation, the Board of Governors of the Federal Reserve System, or any agent or examiner appointed to examine the affairs of any such corporation; and every receiver of any such corporation and every clerk or employee of such receiver who shall embezzle, abstract, or willfully misapply or wrongfully convert to his own use any moneys, funds, credits, or assets of any character which may come into his possession or under his control in the execution of his trust or the performance of the duties of his employment; and every such receiver or clerk or employee of such receiver who shall, with intent to injure or defraud any person, body politic or corporate, or to deceive or mislead the Board of Governors of the Federal Reserve System, or any agent or examiner appointed to examine the affairs of such receiver, shall make any false entry in any book, report, or record of any matter connected with the duties of such receiver; and every person who with like intent aids or abets any officer, director, clerk, employee, or agent of any corporation organized under this subchapter, or receiver or clerk or employee of such receiver as aforesaid in any violation of this subchapter, shall upon conviction thereof be imprisoned for not less than two years nor more than ten years, and may also be fined not more than $5,000, in the discretion of the court.

Notes of Decisions

Cited in 3 cases, 1996–2008 · leading case: United States of America, Appellant-Cross-Appellant v. Antonio Giraldi, Appellee-Cross-Appellee

Sort: Relevance Newest Treatment

United States of America, Appellant-Cross-Appellant v. Antonio Giraldi, Appellee-Cross-Appellee (1996) ca5 · cites it 2× “Counts 15 through 18 alleged violation of 12 U.S.C. § 630 , by misapplying bank funds knowingly and willfully, with the intent to injure and defraud the bank, based on false and fraudulent pretenses and representations.”

United States v. Polizzi (2008) nyed “§ 617 Commodities price fixing 1 year- 12 U.S.C. § 630 Embezzlement, fraud, or false entries by banking officer 2 years 15 U.”

United States v. Giraldi (1996) ca5 · cites it 2× “Counts 15 through 18 alleged violation of 12 U.S.C. § 630 , by misapplying bank funds knowingly and willfully, with the intent to injure and defraud the bank, based on false and fraudulent pretenses and representations.”

Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.