Whoever, within the United States, knowingly and with intent to defraud, possesses or delivers any false, forged, or counterfeit bond, certificate, obligation, security, treasury note, bill, promise to pay, bank note, or bill issued by a bank or corporation of any foreign country, shall be fined under this title or imprisoned not more than 20 years, or both.
18 U.S. Code § 480. Possessing counterfeit foreign obligations or securities
Historical and Revision Notes
Mandatory punishment provision was rephrased in the alternative.
Changes were also made in phraseology.