§ 1631n. Penalties

Statutory text

Whoever shall willfully violate any provision of this subchapter or any rule or regulation issued hereunder, and whoever shall willfully violate, neglect, or refuse to comply with any order of the President or of a designee of the President under this subchapter, issued in compliance with the provisions of this subchapter shall be fined not more than $5,000, or, if a natural person, imprisoned for not more than five years, or both; and the officer, director, or agent of any corporation who knowingly participates in such violation shall be punished by a like fine, imprisonment, 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.

1950
Pub. L. 84–54 · 69 Stat. 80
Enacted · 22 U.S.C. § 1631n
(Mar. 10, 1950, ch. 54, title II, § 215, as added Aug. 9, 1955, ch. 645, § 3, 69 Stat. 570.)
Source evidence
Code source credit
(Mar. 10, 1950, ch. 54, title II, § 215, as added Aug. 9, 1955, ch. 645, § 3, 69 Stat. 570.)

0 of 1 references resolved to an enrolled provision · 1 partial

Credits

(Mar. 10, 1950, ch. 54, title II, § 215, as added Aug. 9, 1955, ch. 645, § 3, 69 Stat. 570.)