Title 12 — Banks and BankingRelease 119-73
§1957 Additional criminal penalty in certain cases
Title 12 › Chapter CHAPTER 21— - FINANCIAL RECORDKEEPING › § 1957
Summary
Intentionally violating regulations under this chapter, 1829b, or 1730d to further a federal crime (punishable over one year) risks up to $10,000 fine, five years' jail, or both.
Full Legal Text
Title 12, §1957
Banks and Banking — Source: USLM XML via OLRC
Whoever willfully violates, or willfully causes a violation of any regulation under this chapter, section 1829b of this title, or section 1730d 11 See References in Text note below. of this title, where the violation is committed in furtherance of the commission of any violation of Federal law punishable by imprisonment for more than one year, shall be fined not more than $10,000 or imprisoned not more than five years, or both.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
References in Text
section 1730d of this title, referred to in text, was repealed by Pub. L. 101–73, title IV, § 407, Aug. 9, 1989, 103 Stat. 363.
Amendments
1992—Pub. L. 102–550 inserted “, or willfully causes a violation of” after “Whoever willfully violates”.
Statutory Notes and Related Subsidiaries
Effective Date
Section effective on first day of seventh calendar month which begins after Oct. 26, 1970, except that the Secretary of the Treasury may, by regulation, provide that this section be effective on any date not earlier than the publication of such
Regulations
in the Federal Register and not later than first day of thirteenth calendar month which begins after Oct. 26, 1970, see section 401(a), (b) of Pub. L. 91–508, set out as a note under section 1951 of this title.
Reference
Citations & Metadata
Citation
12 U.S.C. § 1957
Title 12 — Banks and Banking
Last Updated
Apr 6, 2026
Release point: 119-73