Title 18 — Crimes and Criminal Procedure
Part I · Chapter 31 — Embezzlement and Theft
§ 658. Property mortgaged or pledged to farm credit agencies
Statutory text
Whoever, with intent to defraud, knowingly conceals, removes, disposes of, or converts to his own use or to that of another, any property mortgaged or pledged to, or held by, the Farm Credit Administration, any Federal intermediate credit bank, or the Federal Crop Insurance Corporation, the Secretary of Agriculture acting through the Farmers Home Administration or successor agency, the Rural Development Administration or successor agency, any production credit association organized under sections 1131–1134m of Title 12, any regional agricultural credit corporation, or any bank for cooperatives, shall be fined under this title or imprisoned not more than five years, or both; but if the value of such property does not exceed $1,000, he shall be fined under this title or imprisoned not more than one year, or both.
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
Pub. L. 80–645 · 62 Stat. 683
Enacted · 18 U.S.C. § 658
June 25, 1948, ch. 645, 62 Stat. 729
Source evidence
Code source credit
June 25, 1948, ch. 645, 62 Stat. 729Pub. L. 87–353 § 3(r) · 75 Stat. 773
Struck · 18 U.S.C. § 658
Pub. L. 87–353 struck out reference to the Federal Farm Mortgage Corporation
Source evidence
Code amendment note
Pub. L. 87–353 struck out reference to the Federal Farm Mortgage Corporation.Enacted provision · exact public law section
(r) 65 Stat. 718. Section 658 of title 18 of the United States Code is amended by striking out “Federal Farm Mortgage Corporation,”.Rural Economic Development Act of 1990
Pub. L. 101–624 title XXIII § 2303(e) · 104 Stat. 3359
Substituted · 18 U.S.C. § 658
Pub. L. 101–624 substituted “Farmers Home Administration, the Rural Development Administration” for “Farmers’ Home Administration”
Source evidence
Code amendment note
Pub. L. 101–624 substituted “Farmers Home Administration, the Rural Development Administration” for “Farmers’ Home Administration”.Enacted provision · exact public law section
(e) Sections 657, 658,1006, and 1014 of title 18, United States Code, are each amended by striking “Fanners’ Home Administration” and inserting “Farmers Home Administration, the Rural Development Administration”.Violent Crime Control and Law Enforcement Act of 1994
Pub. L. 103–322 § 330016(1)(H) · 108 Stat. 1796
Substituted · 18 U.S.C. § 658
Pub. L. 103–322, § 330016(1)(H), (K), substituted “fined under this title” for “fined not more than $5,000” after “cooperatives, shall be” and for “fined not more than $1,000” after “he shall be”
Source evidence
Code amendment note
Pub. L. 103–322, § 330016(1)(H), (K), substituted “fined under this title” for “fined not more than $5,000” after “cooperatives, shall be” and for “fined not more than $1,000” after “he shall be”.Enacted provision · exact public law section
(H) in sections 81, 210, 211, 215, 217, 242, 245, 291, 292, 439, 442, 480, 483, 484, 490, 491, 494, 495, 503, 507, 510, 594, 595, 596, 597, 598, 599, 604, 605, 641, 643, 645, 646, 647, 648, 649, 650, 651, 652, 653, 654, 655, 656, 657, 658, 659, 661, 662, 665, 712, 751, 752, 756, 795, 796, 797, 836, 844, 871, 875, 876, 877, 879, 911, 912, 913, 924, 957, 959, 961, 1003, 1012, 1021, 1025, 1026, 1071, 1112, 1163, 1262, 1263, 1264, 1301, 1302, 1304, 1306, 1341, 1342, 1343, 1361, 1363, 1384, 1504, 1508, 1509, 1657, 1705, 1706, 1707, 1711, 1715, 1716, 1733, 1738, 1761, 1762, 2276, 2277, 2278, 2382, and 2389 by striking “not more than $1,000” each place it appears and inserting “under this title”;Violent Crime Control and Law Enforcement Act of 1994
Pub. L. 103–322 § 330004(7) · 108 Stat. 1796
Struck · 18 U.S.C. § 658
Pub. L. 103–322, § 330004(7), struck out “Farmers’ Home Corporation,” after “Crop Insurance Corporation,”
Target inherited from the preceding amendment note.
Source evidence
Code amendment note
Pub. L. 103–322, § 330004(7), struck out “Farmers’ Home Corporation,” after “Crop Insurance Corporation,”.Enacted provision · exact public law section
(7) in section 658 by striking “Farmers’ Home Corporation,”;Economic Espionage Act of 1996
Pub. L. 104–294 title VI § 606(a) · 110 Stat. 3488
Substituted · 18 U.S.C. § 658
Pub. L. 104–294 substituted “$1,000” for “$100”
Source evidence
Code amendment note
Pub. L. 104–294 substituted “$1,000” for “$100”.Enacted provision · exact public law section
(a) Sections 215, 288, 641, 643, 644, 645, 646, 647, 648, 649, 650, 651, 652, 653, 654, 655, 656, 657, 658, 659, 661, 662, 665, 872, 1003, 1025, 1163, 1361, 1707, 1711, and 2113 of title 18, United States Code, are amended by striking “$100” each place it appears and inserting “$1,000”.Pub. L. 106–78 title VII § 767 · 113 Stat. 1135
Inserted · 18 U.S.C. § 658
Pub. L. 106–78 inserted “or successor agency” after “Farmers Home Administration” and after “Rural Development Administration”
Source evidence
Code amendment note
Pub. L. 106–78 inserted “or successor agency” after “Farmers Home Administration” and after “Rural Development Administration”.Enacted provision · exact public law section
Sec. 767. Sections 657, 658, 1006, and 1014 of title 18, United States Code, are amended by— (1) inserting “or successor agency” after “Farmers Home Administration” each place it appears; and (2) inserting “or successor agency” after “Rural Development Administration” each place it appears.
6 of 7 references resolved to an enrolled provision · 1 partial
Notes
Historical and Revision Notes
1948 Act
Based on sections 1026(c) and 1514(d) of title 7, U.S.C., 1940 ed., Agriculture, and section 1138d(d) of title 12, U.S.C., 1940 ed., Banks and Banking (June 16, 1933, ch. 98, § 64, 48 Stat. 269; Jan. 31, 1934, ch. 7, § 13, 48 Stat. 347; July 22, 1937, ch. 517, title IV, § 52(c), 50 Stat. 532; Feb. 16, 1938, ch. 30, title V, § 514(d), 52 Stat. 76; Aug. 14, 1946, ch. 964, § 3, 60 Stat. 1064).
To avoid reference to another section the words “the Farm Credit Administration, any Federal intermediate credit bank, the Federal Farm Mortgage Corporation, Federal Crop Insurance Corporation, Farmers’ Home Corporation, or any production credit corporation or corporation in which a production credit corporation holds stock, any regional agricultural credit corporation, or any bank for cooperatives” were substituted for the words “or any corporation referred to in subsection (a) of this section.”
The punishment provision was completely rewritten. The $2,000 fine of section 1026(c) of title 7, U.S.C., 1940 ed., and the 2-year penalty of that section, section 1514(d) of title 7, U.S.C., 1940 ed., and section 1138(d) of title 12, U.S.C., 1940 ed., were incongruous in juxtaposition with other sections of this chapter and were therefore increased to $5,000 and 5 years. (See sections 656 and 657 of this title.)
The smaller punishment for an offense involving $100 or less was added. (See reviser’s notes under sections 641 and 645 of this title.)
Minor changes were made in phraseology.
1949 Act
[Section 12] conforms section 658 of title 18 U.S.C., to administrative practice which in turn was modified to comply with congressional policy. (See note to sec. 11 [of 1949 Act, set out in Legislative History note under section 657 of title 18]).
Editorial Notes
References in Text
Section 1131 of Title 12, included within the reference to sections 1131 to 1134m of Title 12, was repealed by Pub. L. 89–554, § 8(a), , 80 Stat. 648.
Sections 1131a, 1131c to 1131g, 1131g–2 to 1131i, 1134 to 1134m of Title 12, included within the reference to sections 1131 to 1134m of Title 12, were repealed by Pub. L. 92–181, title V, § 5.26(a), , 85 Stat. 624.
Sections 1131a–1 and 1131j of Title 12, included within the reference to sections 1131 to 1134m of Title 12, are omitted from the Code. Section 1131a–1 of Title 12, was from the Department of Agriculture and Farm Credit Administration Appropriation Act, 1957, and was not repeated in subsequent appropriation acts. Section 1131j was covered by former section 1131g–2 of Title 12, prior to its repeal by Pub. L. 92–181, title V, § 5.26(a), , 85 Stat. 624.
Sections 1131b and 1131g–1 of Title 12, included within the reference to sections 1131 to 1134m of Title 12, were repealed by act July 26, 1956, ch. 741, title 1, § 105(c), (q), 70 Stat. 665, 666.
Amendments1949–1999 · 8 rounds
1999
Pub. L. 106–78 inserted “or successor agency” after “Farmers Home Administration” and after “Rural Development Administration”.
1996
Pub. L. 104–294 substituted “$1,000” for “$100”.
1994
Pub. L. 103–322, § 330016(1)(H), (K), substituted “fined under this title” for “fined not more than $5,000” after “cooperatives, shall be” and for “fined not more than $1,000” after “he shall be”.
Pub. L. 103–322, § 330004(7), struck out “Farmers’ Home Corporation,” after “Crop Insurance Corporation,”.
1990
Pub. L. 101–624 substituted “Farmers Home Administration, the Rural Development Administration” for “Farmers’ Home Administration”.
1961
Pub. L. 87–353 struck out reference to the Federal Farm Mortgage Corporation.
1956
Act , struck out property of any production credit association in which a Production Credit Corporation holds stock.
1951
Act , covered all production credit associations instead of only those in which a Production Credit Corporation holds stock.
1949
Act , made section applicable to the Secretary of Agriculture acting through the Farmers’ Home Administration.
Statutory Notes and Related Subsidiaries
Effective Date of 1956 Amendment
Amendment by act , effective , see section 202(a) of act .
Executive Documents
Exceptions From Transfer of Functions
Functions of Corporations of Department of Agriculture; boards of directors and officers of such corporations; Advisory Board of Commodity Credit Corporation; and Farm Credit Administration or any agency, officer, or entity of, under, or subject to supervision of said Administration excepted from functions of officers, agencies, and employees transferred to Secretary of Agriculture by Reorg. Plan No. 2 of 1953, § 1, eff. , 18 F.R. 3219, 67 Stat. 633, set out in the Appendix to Title 5, Government Organization and Employees.
Farm Credit Administration
Establishment of Farm Credit Administration as independent agency, and other changes in status, functions, etc., see Ex. Ord. No. 6084 set out preceding section 2241 of Title 12, Banks and Banking. See also section 2001 et seq. of Title 12.
Credits
1948–1999 · 9 acts
- 1948June 25, 1948, ch. 645, 62 Stat. 729
- 1949May 24, 1949, ch. 139, § 12, 63 Stat. 91
- 1951Oct. 31, 1951, ch. 655, § 21, 65 Stat. 718
- 1956July 26, 1956, ch. 741, title I, § 109, 70 Stat. 667
- 1961Pub. L. 87–353, § 3(r), , 75 Stat. 774
- 1990Pub. L. 101–624, title XXIII, § 2303(e), , 104 Stat. 3981
- 1994Pub. L. 103–322, title XXXIII, §§ 330004(7), 330016(1)(H), (K), , 108 Stat. 2141, 2147
- 1996Pub. L. 104–294, title VI, § 606(a), , 110 Stat. 3511
- 1999Pub. L. 106–78, title VII, § 767, , 113 Stat. 1174.
Show as published
(June 25, 1948, ch. 645, 62 Stat. 729; May 24, 1949, ch. 139, § 12, 63 Stat. 91; Oct. 31, 1951, ch. 655, § 21, 65 Stat. 718; July 26, 1956, ch. 741, title I, § 109, 70 Stat. 667; Pub. L. 87–353, § 3(r), , 75 Stat. 774; Pub. L. 101–624, title XXIII, § 2303(e), , 104 Stat. 3981; Pub. L. 103–322, title XXXIII, §§ 330004(7), 330016(1)(H), (K), , 108 Stat. 2141, 2147; Pub. L. 104–294, title VI, § 606(a), , 110 Stat. 3511; Pub. L. 106–78, title VII, § 767, , 113 Stat. 1174.)