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1986, 100 Stat. 2095; Pub. L. 99-646, $ 70, Nov. 10, 1986, 100 Stat. 3617.)

REFERENCES IN TEXT The Government Employees Training Act (Public Law 85-507, 72 Stat. 327; 5 U.S.C. 2301-2319, July 7, 1958), referred to in subsec. (d), was repealed and the provisions thereof reenacted as chapter 41 of Title 5, Government Organization and Employees, by Pub. L. 89-554, Sept. 6, 1966, 80 Stat. 378. Section 7(b) of Pub. L. 89-554, provided “A reference to a law replaced by sections 1-6 of this Act, including a reference in a reg. ulation, order, or other law, is deemed to refer to the corresponding provision enacted by this Act."

Section 501 of the Internal Revenue Code of 1986, referred to in subsec. (f), is classified to section 501 of Title 26, Internal Revenue Code.

PRIOR PROVISIONS A prior section 209, act June 25, 1948, ch. 645, 62 Stat. 693, related to an offer of a bribe to a witness, prior to the general amendment of this chapter by Pub. L. 87-849 and is substantially covered by section 201.

Provisions similar to those comprising this section were contained in section 1914 of this title prior to the repeal of such section and the general amendment of this chapter by Pub. L. 87-849.

8 209. Salary of Government officials and employees

payable only by United States (a) Whoever receives any salary, or any contribution to or supplementation of salary, as compensation for his services as an officer or employee of the executive branch of the United States Government, of any independent agency of the United States, or of the District of Columbia, from any source other than the Government of the United States, except as may be contributed out of the treasury of any State, county, or municipality; or

Whoever, whether an individual, partnership, association, corporation, or other organization pays, or makes any contribution to, or in any way supplements the salary of, any such officer or employee under circumstances which would make its receipt a violation of this subsection

Shall be fined not more than $5,000 or imprisoned not more than one year, or both.

(b) Nothing herein prevents an officer or employee of the executive branch of the United States Government, or of any independent agency of the United States, or of the District of Columbia, from continuing to participate in a bona fide pension, retirement, group life, health or accident insurance, profit-sharing, stock bonus, or other employee welfare or benefit plan maintained by a former employer.

(c) This section does not apply to a special Government employee or to an officer or employee of the Government serving without compensation, whether or not he is a special Government employee, or to any person paying, contributing to, or supplementing his salary as such.

(d) This section does not prohibit payment or acceptance of contributions, awards, or other expenses under the terms of the Government Employees Training Act 3 (Public Law 85-507, 72 Stat. 327; 5 U.S.C. 2301-2319, July 7, 1958).

(e) This section does not prohibit the payment of actual relocation expenses incident to participation, or the acceptance of same by a participant in an executive exchange or fellowship program in an executive agency: Provided, That such program has been established by statute or Executive order of the President, offers appointments not to exceed three hundred and sixty-five days, and permits no extensions in excess of ninety additional days or, in the case of participants in overseas assignments, in excess of three hundred and sixty-five days.

(f) This section does not prohibit acceptance or receipt, by any officer or employee injured during the commission of an offense described in section 351 or 1751 of this title, of contributions or payments from an organization which is described in section 501(c)(3) of the Internal Revenue Code of 1986 and which is exempt from taxation under section 501(a) of such Code. (Added Pub. L. 87-849, § 1(a), Oct. 23, 1962, 76 Stat. 1125, and amended Pub. L. 96-174, Dec. 29. 1979, 93 Stat. 1288; Pub. L. 97-171, Apr. 13, 1982, 96 Stat. 67; Pub. L. 99-514, § 2, Oct. 22,

AMENDMENTS 1986–Subsec. (e). Pub. L. 99-646 inserted “or, in the case of participants in overseas assignments, in excess of three hundred and sixty-five days".

Subsec. (f). Pub. L. 99-514 substituted "Internal Rev. enue Code of 1986" for "Internal Revenue Code of 1954".

1982-Subsec. (f). Pub. L. 97-171 added subsec. (f). 1979–Subsec. (e). Pub. L. 96-174 added subsec. (e).

EFFECTIVE DATE Section effective 90 days after Oct. 23, 1962, see section 4 of Pub. L. 87-849, set out as a note under section 201 of this title.

EXEMPTIONS Exemptions from former section 1914 of this title deemed to be exemptions from this section, see section 2 of Pub. L. 87-849, set out as a note under section 203 of this title.

CANAL ZONE Applicability of section to Canal Zone, see section 14 of this title.

CROSS REFERENCES Acceptance of contributions, awards and other payments incident to training without regard to this section, see section 4111 of Title 5, Government Organization and Employees.

Definitions, see section 202 of this title.

Department of Agriculture officials and employees not subject to this section, see section 2220 of Title 7, Agriculture.

Doctors, hospitals, etc., performing services in connection with benefits under Railroad Unemployment Insurance Act exempt from this section, see section 362 of Title 45, Railroads.

Forest Service officials and employees not subject to this section, see section 2220 of Title 7, Agriculture.

Immigration officials, section not to prevent receipt of reimbursements for services incident to inspection of aliens in foreign contiguous territory, see section 1353c of Title 8, Aliens and Nationality.

International organizations, payment of employees detailed to without regard to this section, see section 3343 of Title 5, Government Organization and Employees.

* See References in Text note below.

Memorandum of Attorney General regarding conflict of interest provisions, see note under section 201 of this title.

Railroad Retirement Board employees administrating Railroad Unemployment Insurance Act exempt from this section, see section 362 of Title 45, Railroads.

Reading assistants for blind employees, payment without regard to this section, see section 3102 of Title 5, Government Organization and Employees.

SECTION REFERRED TO IN OTHER SECTIONS This section is referred to in sections 14, 202 of this title; title 2 section 162; title 5 sections 3102, 3343, 3374, 4111; title 7 section 2220; title 8 section 1353c; title 12 sections 1457, 2245; title 16 section 459b-7; title 22 sections 3507, 3508; title 28 sections 594, 656; title 30 section 663; title 40 App. section 108; title 42 sections 1314, 1975d; title 45 section 362.

8 211. Acceptance or solicitation to obtain appointive

public office Whoever solicits or receives, either as a political contribution, or for personal emolument, any money or thing of value, in consideration of the promise of support or use of influence in obtaining for any person any appointive office or place under the United States, shall be fined not more than $1,000 or imprisoned not more than one year, or both.

Whoever solicits or receives any thing of value in consideration of aiding a person to obtain employment under the United States either by referring his name to an executive department or agency of the United States or by requiring the payment of a fee because such person has secured such employment shall be fined not more than $1,000, or imprisoned not more than one year, or both. This section shall not apply to such services rendered by an employment agency pursuant to the written request of an executive department or agency of the United States. (June 25, 1948, ch. 645, 62 Stat. 694, $ 211, formerly $ 215, amended Sept. 13, 1951, ch. 380, 65 Stat. 320, and renumbered Oct. 23, 1962, Pub. L. 87-849, $ 1(b), 76 Stat. 1125.)

8 210. Offer to procure appointive public office

Whoever pays or offers or promises any money or thing of value, to any person, firm, or corporation in consideration of the use or promise to use any influence to procure any appointive office or place under the United States for any person, shall be fined not more than $1,000 or imprisoned not more than one year, or both. (June 25, 1948, ch. 645, 62 Stat. 694, $ 210, formerly $ 214, renumbered Oct. 23, 1962, Pub. L. 87-849, § 1(b), 76 Stat. 1125.)

HISTORICAL AND REVISION NOTES Based on title 18, U.S.C., 1940 ed., $$ 150 and 151 (Dec. 11, 1926, ch. 3, $$ 2, 3, 44 Stat. 918).

Same changes of style and substance were made in this section as in section 214 of this title.

PRIOR PROVISIONS A prior section 211, act June 25, 1948, ch. 645, 62 Stat. 693, related to an offer of a gratuity to a revenue officer, prior to the general amendment of this chapter by Pub. L. 87-849 and is substantially covered in revised section 201.

HISTORICAL AND REVISION NOTES Based on Title 18, U. S.C., 1940 ed., $$ 149 and 151 (Dec. 11, 1926, c. 3, §§ 1, 3, 44 Stat. 918).

Changes of style and substance were made in this section.

Term "or place" was inserted after words “appointive office" in order to give broader scope to the section and also to follow the phraseology used in similar provisions of section 202 of Title 18, U.S.C., 1940 ed., now section 216 [repealed) of this title. (See 46 Corpus Juris 924, where it is explained that the work “places" is used in a less technical sense than the word “of. fices".)

The punishment provision, added at the end of this section and section 215 (now section 211) of this title to secure uniformity of style throughout this chapter, was originally enacted as a separate section, incorporating the other two by reference. 80th Congress House Report No. 304.

AMENDMENTS 1951-Act Sept. 13, 1951, inserted second paragraph.

CANAL ZONE Applicability of section to Canal Zone, see section 14 of this title.

CROSS REFERENCES Minor offenses tried by United States magistrates as excluding offenses punishable under this section, see section 3401 of this title.

PRIOR PROVISIONS A prior section 210, act June 25, 1948, ch. 645, 62 Stat. 693, related to acceptance of a bribe by a witness, prior to the general amendment of this chapter by Pub. L. 87-849 and is substantially covered in revised section 201.

SECTION REFERRED TO IN OTHER SECTIONS This section is referred to in section 14 of this title; title 28 section 656.

CANAL ZONE Applicability of section to Canal Zone, see section 14 of this title.

CROSS REFERENCES Minor offenses tried by United States magistrates as excluding offenses punishable under this section, see section 3401 of this title.

8 212. Offer of loan or gratuity to bank examiner

Whoever, being an officer, director or employee of a bank which is a member of the Federal Reserve System or the deposits of which are insured by the Federal Deposit Insurance Corporation, or of any National Agricultural Credit Corporation, or of any land bank, Federal land bank association or other institution subject to examination by a farm credit examiner, or of any small business investment company, makes or grants any loan or gratuity, to any examiner or assistant examiner who examines or has authority to examine such bank, corporation, or institution, shall be fined not

SECTION REFERRED TO IN OTHER SECTIONS This section is referred to in section 14 of this title; title 28 section 656.

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more than $5,000 or imprisoned not more than one year, or both; and may be fined a further sum equal to the money so loaned or gratuity given.

The provisions of this section and section 218 of this title shall apply to all public examiners and assistant examiners who examine member banks of the Federal Reserve System or insured banks, or National Agricultural Credit Corporations, whether appointed by the Comptroller of the Currency, by the Board of Governors of the Federal Reserve System, by a Federal Reserve Agent, by a Federal Reserve bank or by the Federal Deposit Insurance Corporation, or appointed or elected under the laws of any state; but shall not apply to private examiners or assistant examiners employed only by clearinghouse association or by the directors of a bank. (June 25, 1948, ch. 645, 62 Stat. 694, § 212, formerly $ 217, amended Aug. 21, 1958, Pub. L. 85-699, title VII, § 701(a), 72 Stat. 698; Aug. 18, 1959, Pub. L. 86-168, title I, $ 104(h), 73 Stat. 387, and renumbered Oct. 23, 1962, Pub. L. 87-849, § 1(d), 76 Stat. 1125.)

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HISTORICAL AND REVISION NOTES Based on sections 593 and 1245 of title 12, U.S.C., 1940 ed., Banks and Banking (Dec. 23, 1913, ch. 6, § 22, 38 Stat. 272; Sept. 26, 1918, ch. 177, § 5, 40 Stat. 970; Mar. 4, 1923, ch. 252, title II, $ 209(e), 42 Stat. 1468; Feb. 25, 1927, ch. 191, § 15, 44 Stat. 1232; Aug. 23, 1935, ch. 614, § 326(a), 49 Stat. 715).

Section 593 of title 12, U.S.C., 1940 ed., Banks and Banking, was divided into three sections: this section and sections 218 and 655 of this title.

Words "shall be deemed guilty of a misdemeanor and” were omitted as unnecessary in view of definition of misdemeanor in section 1 of this title.

This section was expanded to include "National Agricultural Credit Corporations" by including this term in each paragraph, upon authority of section 1245 of title 12, U.S.C., 1940 ed., Banks and Banking.

No penalty was provided for offering a bribe to farm credit examiners. The words “or of any land bank, national farm loan association, or other institution subject to examination by a farm credit examiner," were added upon the authority of section 952 of said title 12.

Reference to persons causing or procuring was omitted as unnecessary in view of definition of "principal" in section 2 of this title.

Changes in phraseology were also made.

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REFERENCES IN TEXT Section 218 of this title, referred to in text, is a reference to section 218 prior to its redesignation as section 213 of this title by section 1(d) of Pub. L. 87-849.

PRIOR PROVISIONS A prior section 212, act June 25, 1948, ch. 645, 62 Stat. 693, related to an offer or threat to a customs officer or employee, prior to the general amendment to this chapter by Pub. L. 87-849 and is substantially covered by revised section 201.

AMENDMENTS 1959–Pub. L. 86-168 substituted "Federal land bank association” for “national farm loan association".

1958–Pub. L. 85-699 included officers, directors and employees of small business investment companies.

EXCEPTION AS TO TRANSFER OF FUNCTIONS Functions vested by any provision of law in the Comptroller of the Currency, referred to in this section, were not included in the transfer of functions of officers, agencies and employees of the Department of the Treasury to the Secretary of the Treasury, made by Reorg. Plan No. 26 of 1950, § 1, eff. July 31, 1950, 15 F.R. 4935, 64 Stat. 1280. See section 321(c)(2) of Title 31, Money and Finance.

NATIONAL AGRICULTURAL CREDIT CORPORATION Title II of the Agricultural Credits Act, act Mar. 4, 1923, title II, $$ 201-217, 42 Stat. 1461, which authorized the creation of national agricultural credit corporations, was substantially repealed by Pub. L. 86-230, Sept. 8, 1959, § 24, 73 Stat. 466. Prior to such repeal, act June 16, 1933, $ 77, 48 Stat. 292, had prohibited the creation, after June 16, 1933, of national agricultural credit corporations authorized to be formed under the Agricultural Credits Act.

CROSS REFERENCES Civil liability of officers or directors of member banks of the Federal Reserve System for violating or permitting violation of this section, see section 503 of Title 12, Banks and Banking.

SECTION REFERRED TO IN OTHER SECTIONS This section is referred to in title 12 section 503.

8 213. Acceptance of loan or gratuity by bank exam

iner

Whoever, being an examiner or assistant examiner of member banks of the Federal Reserve System or banks the deposits of which are insured by the Federal Deposit Insurance Corporation, or a farm credit examiner or examiner of National Agricultural Credit Corporations, or an examiner of small business investment companies, accepts a loan or gratuity from any bank, corpo tion, association or organization examined by him or from any person connected herewith, shall be fined not more than $5,000 or imprisoned not more than one year, or both; and may be fined a further sum equal to the money so loaned or gratuity given, and shall be disqualified from holding office as such examiner. (June 25, 1948, ch. 645, 62 Stat. 695, $ 213, formerly § 218, amended Aug. 21, 1958, Pub. L. 85-699, title VII, § 701(b), 72 Stat. 698, and renumbered Oct. 23, 1962, Pub. L. 87-849, § 1(d), 76 Stat. 1125.)

HISTORICAL AND REVISION NOTES Based on sections 593, 952, 981, 1124, 1243, 1314 of title 12, U.S.C., 1940 ed., Banks and Banking (Dec. 23, 1913, ch. 6, § 22, 38 Stat. 272; July 17, 1916, ch. 245, $ $ 28, 31, 39 Stat. 381, 382, and § 211(d) as added Mar. 4, 1923, ch. 252, $ 2, 42 Stat. 1460; Sept. 26, 1918, ch. 177, 85, 40 Stat. 970; Mar. 4, 1923, ch. 252, title II, $ 209(e), 216(d), 42 Stat. 1468, 1471; Feb. 25, 1927, ch. 191, § 15, 44 Stat. 1232; Ex. Ord. No. 6084, Mar. 27, 1933; June 16, 1933, ch. 98, $ 80(a), 48 Stat. 273; Aug. 23, 1935, ch. 614, § 326(a), 49 Stat. 715; Aug. 19, 1937, ch. 704, $ 20, 50 Stat. 710).

This section is derived primarily from second paragraph of section 593 of title 12, U.S.C., 1940 ed., Banks and Banking, and consolidates provisions from sections 952, 981, 1124, 1243, and 1314 of said title 12.

Words "shall be deemed guilty of a misdemeanor" were omitted in view of definition of misdemeanor in section 1 of this title.

EFFECTIVE DATE OF 1959 AMENDMENT Amendment of section by Pub. L. 86-168 effective Dec. 31, 1959, see section 104(k) of Pub. L. 86-168.

Final sentence of said section 599, imposing civil li. ability on violators, was omitted as unnecessary, being merely a declaration of that rule of common law which in the absence of statute fixes civil liability on the wrongdoer.

Minor changes were made in phraseology.

The bribery provisions of such sections were alike and indeed were patterned after section 593 of said title 12, U.S.C., 1940 ed., Banks and Banking, incorporated in this section and section 217 of this title. Therefore, and in the light of sections 952 and 1243 of title 12, U.S.C., 1940 ed., Banks and Banking, this section was written as a consolidated section without change of substance or effect and with only such changes of phraseology as were necessary to effect the consolidation and secure uniformity of style.

Other provisions of said sections 593, 952, 981, 1124, 1243 and 1314 of title 12, U.S.C., 1940 ed., are incorpo. rated in sections 217, 655, 1014, 1908, and 1909 of this title.

PRIOR PROVISIONS A prior section 214 of this title was redesignated section 210.

CROSS REFERENCES Liability of directors and officers of member banks, see section 503 of Title 12, Banks and Banking.

PRIOR PROVISIONS A prior section 213, act June 25, 1948, ch. 645, 62 Stat. 693, related to the acceptance or demand of a bribe by a customs officer or employee, prior to the general amendment to this chapter by Pub. L. 87-849 and is substantially covered by revised section 201.

SECTION REFERRED TO IN OTHER SECTIONS This section is referred to in title 12 section 503.

8 215. Receipt of commissions or gifts for procuring

loans

AMENDMENTS 1958-Pub. L. 85-699 included examiners of small business investment companies.

NATIONAL AGRICULTURAL CREDIT CORPORATION Title II of the Agricultural Credits Act, act Mar. 4, 1923, title II, $8 201-217, 42 Stat. 1461, which authorized the creation of national agricultural credit corporations, was substantially repealed by Pub. L. 86-230, Sept. 8, 1959, $ 24, 73 Stat. 466. Prior to such repeal, act June 16, 1933, $ 77, 48 Stat. 292, had prohibited the creation, after June 16, 1933, of national agricultural credit corporations authorized to be formed under the Agricultural Credits Act.

CROSS REFERENCES Civil liability of officers or directors for violations, see section 503 of Title 12, Banks and Banking.

Offer of loan or gratuity to public examiners, see section 212 of this title.

Secret Service, arrest of violators, see section 3056 of this title.

SECTION REFERRED TO IN OTHER SECTIONS This section is referred to in sections 212, 3056 of this title; title 12 section 503.

8 214. Offer for procurement of Federal Reserve bank

loan and discount of commercial paper Whoever stipulates for or gives or receives, or consents or agrees to give or receive, any fee, commission, bonus, or thing of value for procuring or endeavoring to procure from any Federal Reserve bank any advance, loan, or extension of credit or discount or purchase of any obligation or commitment with respect thereto, either directly from such Federal Reserve bank or indirectly through any financing institution, unless such fee, commission, bonus, or thing of value and all material facts with respect to the arrangement or understanding therefor shall be disclosed in writing in the application or request for such advance, loan, extension of credit, discount, purchase, or commitment, shall be fined not more than $5,000 or imprisoned not more than one year, or both. (June 25, 1948, ch. 645, 62 Stat. 695, $ 214, formerly $ 219, renumbered Oct. 23, 1962, Pub. L. 87-849, $ 1(d), 76 Stat. 1125.)

HISTORICAL AND REVISION NOTES Based on section 599 of title 12, U.S.C., 1940 ed., Banks and Banking (Dec. 23, 1913, ch. 6, § 22(k), as added by act June 19, 1934, ch. 653, § 3, 48 Stat. 1108).

(a) Whoever

(1) corruptly gives, offers, or promises anything of value to any person, with intent to influence or reward an officer, director, employee, agent, or attorney of a financial insti. tution in connection with any business or transaction of such institution; or

(2) as an officer, director, employee, agent, or attorney of a financial institution, corruptly solicits or demands for the benefit of any person, or corruptly accepts or agrees to accept, anything of value from any person, intending to be influenced or rewarded in connection with any business or transaction of

such institution; shall be fined not more than $5,000 or three times the value of the thing given, offered, promised, solicited, demanded, accepted, or agreed to be accepted, whichever is greater, or imprisoned not more than five years, or both, but if the value of the thing given, offered, promised, solicited, demanded, accepted, or agreed to be accepted does not exceed $100, shall be fined not more than $1,000 or imprisoned not more than one year, or both.

(b) As used in this section, the term “financial institution" means

(1) a bank with deposits insured by the Federal Deposit Insurance Corporation;

(2) an institution with accounts insured by the Federal Savings and Loan Insurance Corporation;

(3) a credit union with accounts insured by the National Credit Union Share Insurance Fund;

(4) a Federal home loan bank or a member, as defined in section 2 of the Federal Home Loan Bank Act (12 U.S.C. 1422), of the Federal home loan bank system;

(5) a Federal land bank, Federal intermediate credit bank, bank for cooperatives, production credit association, and Federal land bank association;

(6) a small business investment company, as defined in section 103 of the Small Business Investment Act of 1958 (15 U.S.C. 662);

(7) a bank holding company as defined in section 2 of the Bank Holding Company Act of 1956 (12 U.S.C. 1841); or

poration, or for any other person, firm, or corporation, from any such bank or corporation, any loan or extension or renewal of loan or substitution of security, or the purchase or discount or acceptance of any paper, note, draft, check, or bill of exchange by any such bank or corporation, shall be fined not more than $5,000 or imprisoned not more than one year or both."

1950—Act Sept. 21, 1950, substituted "any bank, the deposits of which are insured by the Federal Deposit Insurance Corporation” for “a member bank of the Federal Reserve System".

(8) a savings and loan holding company as defined in section 408 of the National Housing Act (12 U.S.C. 1730a).

(c) This section shall not apply to bona fide salary, wages, fees, or other compensation paid, or expenses paid or reimbursed, in the usual course of business.

(d) Federal agencies with responsibility for regulating a financial institution shall jointly establish such guidelines as are appropriate to assist an officer, director, employee, agent, or attorney of a financial institution to comply with this section. Such agencies shall make such guidelines available to the public. (June 25, 1948, ch. 645, 62 Stat. 695, $ 215, formerly $ 220, amended Sept. 21, 1950, ch. 967, $ 4, 64 Stat. 894, and renumbered Oct. 23, 1962, Pub. L. 87-849, § 1(d), 76 Stat. 1125; Oct. 12, 1984, Pub. L. 98-473, title II, § 1107(a), 98 Stat. 2145; Aug. 4, 1986, Pub. L. 99-370, § 2, 100 Stat. 779.)

EFFECTIVE DATE OF 1986 AMENDMENT Section 3 of Pub. L. 99-370 provided that: “This Act and the amendments made by this Act (amending this section and enacting a provision set out as a note under section 201 of this title] shall take effect 30 days after the date of the enactment of this Act (Aug. 4, 1986)." 4,

CROSS REFERENCES Civil liability of officers or directors of member banks of the Federal Reserve System, see section 503 of Title 12, Banks and Banking.

SECTION REFERRED TO IN OTHER SECTIONS This section is referred to in section 1956 of this title; title 12 sections 503, 1457.

HISTORICAL AND REVISION NOTES Based on sections 595, 1125, and 1315 of title 12, U.S.C., 1940 ed., Banks and Banking (Dec. 23, 1913, ch. 6, § 22, first sentence of second paragraph, 38 Stat. 272; July 17, 1916, ch. 245, $ 211(e), as added Mar. 4, 1923, ch. 252, 82, 42 Stat. 1460; June 21, 1917, ch. 32, $ 11, 40 Stat. 240; Sept. 26, 1918, ch. 177, § 5, part 22(c), 40 Stat. 970; Mar. 4, 1923, ch. 252, title II, § 216(e), 42 Stat. 1472).

The punishment provisions of the three sections were identical, and all other provisions thereof were similar, except that section 595 of title 12, U.S.C., 1940 ed., Banks and Banking, relating to officers, directors, employees, or attorneys of member banks of the Federal Reserve System, did not include the terms "agent” and “acceptance" and did not include the phrase “or extension or renewal of loan or substitution of security".

Words "shall be deemed guilty of a misdemeanor". were omitted because of definition of misdemeanor in section 1 of this title.

Words "and upon conviction” and “and shall upon conviction thereof” were omitted as surplusage because punishment cannot be imposed until after conviction. Verbal changes were made for style purposes.

PRIOR PROVISIONS A prior section 215 of this title was redesignated section 211.

[8 216. Repealed. Pub. L. 98-473, title II, 8 1107(b),

Oct. 12, 1984, 98 Stat. 2146) Section, acts June 25, 1948, ch. 645, 62 Stat. 695, $ 216, formerly $ 221, amended Aug. 21, 1958, Pub. L. 85-699, title VII, $ 702(a)-(c), 72 Stat. 698; Aug. 18, 1959, Pub. L. 86-168, title I, § 104(h), 73 Stat. 387, and renumbered Oct. 23, 1962, Pub. L. 87-849, § 1(d), 76 Stat. 1125, related to receipt or charge of commissions or gifts for farm loan, land bank, or small business transactions. See section 215 of this title.

A prior section 216, act June 25, 1948, ch. 645, 62 Stat. 694, which related to procurement of a contract by an officer or Member of Congress, was repealed by section 1(c) of Pub. L. 87-849.

8 217. Acceptance of consideration for adjustment of

farm indebtedness Whoever, being an officer or employee of, or person acting for the United States or any agency thereof, accepts any fee, commission, gift, or other consideration in connection with the compromise, adjustment, or cancellation of any farm indebtedness as provided by sections 1150, 1150a, and 1150b of Title 12, shall be fined not more than $1,000 or imprisoned not more than one year, or both. (June 25, 1948, ch. 645, 62 Stat. 696, § 217, formerly $ 222, renumbered Oct. 23, 1962, Pub. L. 87-849, § 1(d), 76 Stat. 1125.)

AMENDMENTS 1986–Pub. L. 99-370 amended section generally, combining in subsec. (a) the statement of prohibited activities formerly set out in subsecs. (a) and (b), transferring to subsec. (b) and expanding provisions formerly set out in subsec. (c) which defined "financial institution", transferring to subsec. (c) and amending provisions formerly set out in subsec. (d) relating to applicability of section, and adding new subsec. (d) relating to establishment of guidelines to assist financial institutions in complying with this section.

1984–Pub. L. 98-473 amended section generally. Prior to amendment section read as follows: "Whoever, being an officer, director, employee, agent, or attorney of any bank, the deposits of which are insured by the Federal Deposit Insurance Corporation, of a Federal intermediate credit bank, or of a National Ag. ricultural Credit Corporation, except as provided by law, stipulates for or receives or consents or agrees to receive any fee, commission, gift, or thing of value, from any person, firm, or corporation, for procuring or endeavoring to procure for such person, firm, or cor.

HISTORICAL AND REVISION NOTES Based on section 1150c(b) of title 12, U.S.C., 1940 ed., Banks and Banking (Dec. 20, 1944, ch. 623, $ 4(b), 58 Stat. 837).

Words "upon conviction thereof" were omitted as surplusage, since punishment cannot be imposed until after conviction.

Other changes were made in phraseology without change of substance.

PRIOR PROVISIONS A prior section 217 of this title was redesignated section 212.

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