Official Text
“Whoever makes or counterfeits any currency note or bank note, or makes or counterfeits any coin, intending that the same shall be used as genuine, shall be punished.”
Legal Analysis
Elements to Prove:
- Making or counterfeiting currency.
- Intending use as genuine.
- Currency note, bank note, or coin.
Potential Defenses:
- No counterfeit making.
- Legitimate purpose.
- No intent to use as genuine.
Practical Examples
What Constitutes the Offense:
Printing fake money, creating counterfeit coins, producing false currency notes.
What Doesn't Constitute:
Legitimate currency production, authorized reproductions, or acting in good faith.
Punishment
Imprisonment for Life, or up to 10 years, and Fine