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18 U.S.C. § 1011 — Federal land bank mortgage transactions

Federal law — U.S. Code and appendices · legal_authorities

18 U.S.C. § 1011 — Federal land bank mortgage transactions

Whoever, being a mortgagee, knowingly makes any false statement in any paper, proposal, or letter, relating to the sale of any mortgage, to any Federal land bank; or

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Stable record: federal_law:legal_authorities:record_usc_ef94f764dd5c98d296e146db
Source file: Laws/federal/codes/united-states-code/title-18/section-1011-federal-land-bank-mortgage-transactions--a8a3b11f68.md
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Source location: Title 18, Chapter 47, § 1011; chapter-047-fraud-and-false-statements.md

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Whoever, being a mortgagee, knowingly makes any false statement in any paper, proposal, or letter, relating to the sale of any mortgage, to any Federal land bank; or

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Federal law — U.S. Code and appendices · legal_authorities

12 U.S.C. § 1012 — Repealed. June 25, 1948, ch. 645, § 21, 62 Stat. 862, eff. Sept. 1, 1948

### Statutory Notes Section 981, acts July 17, 1916, ch. 245, title I, § 31, 39 Stat. 382; June 3, 1935, ch. 164, § 21, 49 Stat. 319, related to false statements in applications for loans. See [section 1014 of Title 18](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title18-section1014&num=0&edition=prelim), Crimes and Criminal Procedure. Section 982, act July 17, 1916, ch. 245, title I, § 31, 39 Stat. 382, related to counterfeiting bonds or coupons. See [section 493 of Title 18](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title18-section493&num=0&edition=prelim). Section 983, act July 17, 1916, ch. 245, title I, § 31, 39 Stat. 382, related to charging or receiving unauthorized fees or commissions. See sections 216 and 1907 of Title 18. Section 984, act July 17, 1916, ch. 245, title I, § 31, 39 Stat. 382, related to fraud and embezzlement. See sections 657 and 1006 of Title 18. Section 985, act July 17, 1916, ch. 245, title I, § 31, 39 Stat. 382, related to false pretenses as to character of bonds or coupons. See [section 1013 of Title 18](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title18-section1013&num=0&edition=prelim). Section 986, act July 17, 1916, ch. 245, title I, § 31, 39 Stat. 382, related to detection and arrest of violators. See [section 3056 of Title 18](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title18-section3056&num=0&edition=prelim). Section 987, act July 17, 1916, ch. 245, title I, § 31 (par.), as added June 16, 1933, ch. 98, title VII, § 78, 48 Stat. 272, related to false statements by mortgagee. See [section 1011 of Title 18](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title18-section1011&num=0&edition=prelim).

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Federal law — U.S. Code and appendices · legal_authorities

18 U.S.C. § 1011 — Federal land bank mortgage transactions

Page 302 TITLE 18—CRIMES AND CRIMINAL PROCEDURE [§§ 1008, 1009 Editorial Notes AMENDMENTS 1994—Pub. L. 103–322 substituted ‘‘transactions’’ for ‘‘Transactions’’ in section catchline. 1990—Pub. L. 101–647 substituted ‘‘30’’ for ‘‘20’’ before ‘‘years’’. 1989—Pub. L. 101–73 substituted ‘‘Transactions’’ for ‘‘transactions’’ in section catchline and amended text generally. Prior to amendment, text read as follows: ‘‘Whoever, for the purpose of obtaining any loan from the Federal Deposit Insurance Corporation, or any ex- tension or renewals thereof, or the acceptance, release, or substitution of security therefor, or for the purpose of inducing the Federal Deposit Insurance Corporation to purchase any assets, or for the purpose of obtaining the payment of any insured deposit or transferred de- posit or the allowance, approval, or payment of any claim, or for the purpose of influencing in any way the action of the Federal Deposit Insurance Corporation, makes any statement, knowing it to be false, or will- fully overvalues any security, shall be fined not more than $5,000 or imprisoned not more than two years, or both.’’ [§§ 1008, 1009. Repealed. Pub. L. 101–73, title IX, §§ 961(g)(1), 962(a)(3), Aug. 9, 1989, 103 Stat. 500, 502] Section 1008, act June 25, 1948, ch. 645, 62 Stat. 751, provided for fine or imprisonment for certain prohib- ited actions taken to obtain insurance from, or to in- fluence in any way, the Federal Savings and Loan In- surance Corporation. Section 1009, act June 25, 1948, ch. 645, 62 Stat. 751, provided for fine or imprisonment for making certain statements or rumors, untrue in fact, which were de- rogatory or affected solvency or financial condition of the Federal Savings and Loan Insurance Corporation. § 1010. Department of

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