18 U.S.C. § 1903
Section 1903 · Speculation in stocks or commodities affecting crop insurance
Amended 2 times on record
Applied in 1 court decisions — leading case United States v. Guerrero (1997)
Most recently applied in United States v. Guerrero (May 1997)
Whoever, while acting in any official capacity in the administration of any Act of Congress relating to crop insurance or to the Federal Crop Insurance Corporation speculates in any agricultural commodity or product thereof, to which such enactments apply, or in contracts relating thereto, or in the stock or membership interests of any association or corporation engaged in handling, processing, or disposing of any such commodity or product, shall be fined under this title or imprisoned not more than two years, or both.
Editorial notes U.S. Code · Office of the Law Revision Counsel
Historical and Revision Notes
Based on section 1514(b) of title 7, U.S.C., 1940 ed., Agriculture (Feb. 16, 1938, ch. 30, title V, §514(b), 52 Stat. 76).
Words “upon conviction thereof” were omitted as surplusage since punishment can be imposed only after a conviction.
Minor changes were made in phraseology and translations.
Amendments
1994—Pub. L. 103–322 substituted “fined under this title” for “fined not more than $10,000”.