StacksVerified U.S. federal law reference

33 U.S.C. § 990 — Offenses and penalties

Verified against govinfo.gov as of June 20, 2026View official text on govinfo.gov
  1. (a)Application of penal statutesAll general penal statutes relating to the larceny, embezzlement, or conversion, of public moneys or property of the United States shall apply to the moneys and property of the Corporation.
  2. (b)Frauds and false entries, reports, or statementsAny person who, with intent to defraud the Corporation, or to deceive any director, officer, or employee of the Corporation or any officer or employee of the United States, (1) makes any false entry in any book of the Corporation, or (2) makes any false report or statement for the Corporation, shall, upon conviction thereof, be fined not more than $10,000 or imprisoned not more than five years, or both.
  3. (c)Receipt of compensation, or conspiracy, with intent to defraud, etcAny person who shall receive any compensation, rebate, or reward, or shall enter into any conspiracy, collusion, or agreement, express or implied, with intent to defraud the Corporation or wrongfully and unlawfully to defeat its purposes, shall, on conviction thereof, be fined not more than $5,000 or imprisoned not more than five years, or both.