2.24 PASSING COUNTERFEIT OBLIGATIONS OR SECURITIES / 18 U.S.C. Sec. 472 is a federal crime that involves the passing of counterfeit obligations or securities. The counterfeit obligations or securities can include money orders, bonds, stocks, and other documents issued by the United States, a state, or a political subdivision. Under this federal law, individuals who knowingly pass, publish, or attempt to pass counterfeit obligations or securities can be subject to fines, imprisonment, or both. This law also applies to those who receive or possess counterfeit obligations or securities, as well as those who transport or transfer them. There are two main types of 2.24 PASSING COUNTERFEIT OBLIGATIONS OR SECURITIES / 18 U.S.C. Sec. 472: passing counterfeit obligations or securities for the purpose of obtaining money or property, and passing counterfeit obligations or securities for the purpose of deceiving another person.