An Act to amend section 1201 of title 18 of the United States Code to authorize the Federal Bureau of Investigation to initiate investigation of any kidnapping in which the victim has not been released within 24 hours after his seizure
PL 84-983 (H.R.800), enacted 08/06/1956

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PUBLIC L
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(b) Any contract of loan in the making or collection of which any 
act shall have been done which constitutes a violation of any of the 
provisions of this title shall be void and the lender shall have no right 
to collect or receive any principal, interest, or charges whatsoever on 
account thereof. 
Any person pledging any goods, article, or other 
thing as security for a loan which is void shall be entitled to the return 
of such goods, article, or thing without being required to pay any 
principal, interest, or other charge on account of such void loan. 
SEC. IT. The Commissioners are authorized to make and enforce 
such rules and regulations as they deem necessary to carry out the 
purposes of this Act. 
SEC. 18. Nothing in this Act shall apply to any person, firm, joint-
stock company, incorporated society, credit union, or corj)oration 
doing business in the District of Columbia under the supervision of 
the Federal Reserve System, or the Comptroller of the Currency, or 
the Federal Deposit Insurance Corporation, or the Home Loan Bank 
Board, or the Federal Savings and Loan Insurance Corporation, or 
the Department of Health, Education, and Welfare or to loans made 
by them. 
BEFEAL. 
SEC. 19. The Act entitled "An Act to regulate the business of loan-
ing money on security of any kind by persons, firms, and corporations 
other than national banks, licensed bankers, trust companies, savings 
banks, building and loan asssociations, and real-estate brokers, in the 
District of Columbia", approved February 4,1913, as amended, inso-
far as the same applies to the business of lending money on the 
security of the pledge and possession of tangible personal property, 
is hereby repealed. 
SEPARABILITY OF PROVISIONS 
SEC. 20. If any provision of this Act or the application thereof to 
any person or circumstances, is held invalid, the remainder of the Act, 
and the application of such provision to other persons or circum-
stances shall not be affected thereby. 
EFFECTIVE DATE OF ACT 
SEC. 21. This Act shall take effect at the expiration of sixty days 
after the date of its approval. 
Approved August 6, 1956. 
Nonapplicabllity 
of Act. 
37 Stat. 657. 
D. C. Code 26> 
601 to 26-611. 
Public Law 983 
CHAPTER 971 
AN ACT 
To amend section 1201 of title 18 of the United States Code to authorize the 
Federal Bureau of Investigation to initiate investigation of any kidnaping in 
which the victim has not been released within twenty-four hours after his 
seizure. 
August 6, 1956 
IH. R. 800] 
Be it enacted hy the Senate and House of Representatives 
of the 
United States of America in Congress assemoled^ That subsection (b) 
of section 1201 of title 18 of the United States Code is amended to 
read as follows: 
"(b) The failure to release the victim within twenty-four hours after 
he shall have been unlawfully seized, confined, inveigled, decoyed, kid-
naped, abducted, or carried away shall create a rebuttable presumption 
that such person has been transported in interstate or foreign com-
merce." 
Approved August 6, 1956. 
Kidnaping. 
62 Stat. 760.