
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 12USC617]

 
                       TITLE 12--BANKS AND BANKING
 
                       CHAPTER 6--FOREIGN BANKING
 
    SUBCHAPTER II--ORGANIZATION OF CORPORATIONS TO DO FOREIGN BANKING
 
Sec. 617. Engaging in commerce or trade in commodities; price 
        fixing; forfeiture of charter; acts forbidden to directors, 
        officers, agents, or employees
        
    No corporation organized under this subchapter shall engage in 
commerce or trade in commodities except as specifically provided in this 
subchapter, nor shall it, either directly or indirectly, control or fix 
or attempt to control or fix the price of any such commodities. The 
charter of any corporation violating this provision shall be subject to 
forfeiture in the manner provided in this subchapter. It shall be 
unlawful for any director, officer, agent, or employee of any such 
corporation to use or to conspire to use the credit, the funds, or the 
power of the corporation to fix or control the price of any such 
commodities, and any such person violating this provision shall be 
liable to a fine of not less than $1,000 and not exceeding $5,000 or 
imprisonment not less than one year and not exceeding five years, or 
both, in the discretion of the court.

(Dec. 23, 1913, ch. 6, Sec. 25A (par.), formerly Sec. 25(a), as added 
Dec. 24, 1919, ch. 18, 41 Stat. 378; renumbered Sec. 25A, Pub. L. 102-
242, title I, Sec. 142(e)(2), Dec. 19, 1991, 105 Stat. 2281.)

                       References in Text

    This subchapter, referred to in text, was in the original ``this 
section'', meaning section 25A of act Dec. 23, 1913, which is classified 
to this subchapter (Sec. 611 et seq.).

                          Codification

    Section is comprised of a part of section 25A, formerly section 
25(a), which was added to act Dec. 23, 1913, ch. 6, by act Dec. 24, 
1919.
