                 TITLE 18--CRIMES AND CRIMINAL PROCEDURE
 
                             PART I--CRIMES
 
                 CHAPTER 47--FRAUD AND FALSE STATEMENTS
 
Sec. 1011. Federal land bank mortgage transactions

    Whoever, being a mortgagee, knowingly makes any false statement in 
any paper, proposal, or letter, relating to the sale of any mortgage, to 
any Federal land bank; or
    Whoever, being an appraiser, willfully over-values any land securing 
such mortgage--
    Shall be fined under this title or imprisoned not more than one 
year, or both.

(June 25, 1948, ch. 645, 62 Stat. 751; Pub. L. 103-322, title XXXIII, 
Sec. 330016(1)(K), Sept. 13, 1994, 108 Stat. 2147.)


                      Historical and Revision Notes

    Based on section 987 of title 12, U.S.C., 1940 ed., Banks and 
Banking (July 17, 1916, ch. 245, Sec. 31, seventh paragraph, as added 
June 16, 1933, ch. 98, Sec. 78, 48 Stat. 272).
    Minor changes were made in phraseology.


                               Amendments

    1994--Pub. L. 103-322 substituted ``fined under this title'' for 
``fined not more than $5,000'' in last par.

                  Section Referred to in Other Sections

    This section is referred to in section 3056 of this title.
