Title 12 › CHAPTER 6 — FOREIGN BANKING › SUBCHAPTER II — ORGANIZATION OF CORPORATIONS TO DO FOREIGN BANKING › § 617
Corporations set up under this part may not buy, sell, or trade commodities except when this part specifically allows it, and they must not try to set or control commodity prices by themselves or through others. If they do, their corporate charter can be taken away under the rules here. Any director, officer, agent, or employee who uses the company's credit, money, or power to set or conspire to set prices can be fined $1,000 to $5,000, jailed 1 to 5 years, or both, as the court decides.
Full Legal Text
Banks and Banking, Source: USLM XML via OLRC
Legislative History
Reference
Citation
12 U.S.C. § 617
Title 12, Banks and Banking
Last Updated
Aug 21, 2026
Release point: 119-102