Page:United States Statutes at Large Volume 47 Part 1.djvu/35

 72d CONGRESS. SESS. I. CH. 8. JANUA RY 22, 1932 . 11 event he may assign to any officer or officers of the United States ergsi a u ntn of pow, and es. in the Treasury Department the exercise and performance, under his general supervision and direction, of any such powers and duties ; and nothin herein shall be construed to affect any right biA Accrued rights, na or privilege accrue any penalty or liability incurred, any criminal affected. or civil proceeding commenced, or any authority conferred here- under, except as herein provided in connection with the liquidation of the remaining assets and the winding up of the affairs of the R eti rem ent of out- corporati on, until the Secr etary of the Treas ury shall find tha t such 14uationt oo wh en liquidation will no longer be advantageous to the United States and advantageous. that all of its legal obligations have been provided for, whereupon Payment of unused he shall retire any capital stock then outstanding, pay into the balance into Treasury. Treasury as miscellaneous receipts the unused balance of the moneys Report to Congress. belonging to the corporation, and make the final report of the cor- Final dissolution. poration to the Congress. Thereupon the corporation shall be deemed to be dissolved. Quarterly report to SEC. 15. The corporation shall make and publish a report quarterly Congress. of its operations to the Congress stating the aggregate loans niade to each of the classes of borrowers provided for and the number of oorrowers by States in each class. The statement shall show the statement therein. assets a nd liabil ities of the corpo ration, and the f irst repo rt shall be made on April 1, 1932 ; and quarterly thereafter. It shall also port rsonne l salar y re• show the names and comp ensat ion o f al l per sons empl oyed by th e corporation whose compensation exceeds $400 a month. Penalty provisions. SEC. 16. (a) Whoever makes any statement knowing it to be false, False Penalt y or whoever willfully overvalues any security, for the purpose of overvaluation of se- obtai ning f or him self o r for any ap plicant any l oan, o r exte nsion curity. thereof by renewal deferment of action, or otherwise or the accept- ance, release, or substitution of security therefor, or for the purpose of influencing in any way the action of the corporation, or for the purpo se of obtain ing mo ney, p ropert y, or a nythin g of v alue, under this Act, shall be punished by a fine of not more 'than $5,000 or by imprisonment for not more than two years, or both. (b) Whoever (1) falsely makes, forges, or counterfeits any note, per rat Counte rfeitin g car• debenture, bond, or other obligation, or coupon, in imitation of or purp orting to be a not e, deb enture, bond, or ot her ob ligati on, or Passing or attompt- coupon, issued by the corporation, or (2) passes, utters or publishes, Ing to pass, etc ., coun- or attempts to pass, utter or publish, any false, forged or counterfeited terfeits. note, debenture, bond, or other obligation, or coupon, purporting to have been issued by the corporation, knowing the same to be false, Altering corporate forged or counterfeited, or (3) falsely alters any note, debenture, notes, etc. bond, or other obligation, or coupon, issued or purporting to have passing or attempt- been issued by the corporation, or (4) passes, utters or publishes, or in g to pass, etc ., altered attempts to pass, utter or publish, as true any falsely altered or notes, etc. spurious note, debenture, bond, or other obligation, or coupon, issued or purpor ting t o have been issued by th e corpo ration, know ing th e same to be falsely altered or spurious, or any person . who willfully violates any other provision of this Act, shall be unshed by a fine of not more than $10,000 or by imprisonment for not more than five ears, or both. Embezzling corpo- (c) Whoeve r, bei ng con nected in an y capac ity wi th the corpo ra- rate funds, etc. tion, (1) embe zzles, ab stracts, purloins, or will fully mis applies a ny moneys, funds, securities, or other things of value, whether belonging Making false book, to it or pledged or otherwise entrusted to it, or (2) with intent to etc ., entry with intent defraud the corporation or any other body politic or corporate, or toderraudd any individual, or to deceive any officer, auditor, or examiner of the corporation, makes any false entry in any book, report, or statement of or to the corporation, or, without being duly authorized, draws any order or issues, puts fort h or assi gns any n ote, debe nture, bo nd,