§ 470.00 Definitions. The following definitions are applicable to this article. 1. “Monetary instrument” means coin and currency of the United States or of any other country; personal checks; bank checks; traveler’s checks; money orders; and investment securities and negotiable instruments, in bearer form or otherwise, in such form that title thereto passes on delivery, […]
§ 470.03 Money laundering: aggregation of value; other matters. 1. For purposes of subdivisions one and three of sections 470.05, 470.10, 470.15, 470.21, 470.22 and 470.23, and for purposes of subdivisions one and two of sections 470.20 and 470.24 of this article, financial transactions may be considered together and the value of the property involved […]
§ 470.05 Money laundering in the fourth degree. A person is guilty of money laundering in the fourth degree when: 1. Knowing that the property involved in one or more financial transactions represents the proceeds of criminal conduct: (a) he or she conducts one or more such financial transactions which in fact involve the proceeds […]
§ 470.10 Money laundering in the third degree. A person is guilty of money laundering in the third degree when: 1. Knowing that the property involved in one or more financial transactions represents: (a) the proceeds of the criminal sale of a controlled substance, he or she conducts one or more such financial transactions which […]
§ 470.15 Money laundering in the second degree. A person is guilty of money laundering in the second degree when: 1. Knowing that the property involved in one or more financial transactions represents: (a) the proceeds of the criminal sale of a controlled substance, he or she conducts one or more such financial transactions which […]
§ 470.20 Money laundering in the first degree. A person is guilty of money laundering in the first degree when: 1. Knowing that the property involved in one or more financial transactions represents: (a) the proceeds of the criminal sale of a controlled substance, he or she conducts one or more such financial transactions which […]
§ 470.21 Money laundering in support of terrorism in the fourth degree. A person is guilty of money laundering in support of terrorism in the fourth degree when: 1. Knowing that the property involved in one or more financial transactions represents either the proceeds of an act of terrorism as defined in subdivision one of […]
§ 470.22 Money laundering in support of terrorism in the third degree. A person is guilty of money laundering in support of terrorism in the third degree when: 1. Knowing that the property involved in one or more financial transactions represents either the proceeds of an act of terrorism as defined in subdivision one of […]
§ 470.23 Money laundering in support of terrorism in the second degree. A person is guilty of money laundering in support of terrorism in the second degree when: 1. Knowing that the property involved in one or more financial transactions represents either the proceeds of an act of terrorism as defined in subdivision one of […]
§ 470.24 Money laundering in support of terrorism in the first degree. A person is guilty of money laundering in support of terrorism in the first degree when: 1. Knowing that the property involved in one or more financial transactions represents either the proceeds of an act of terrorism as defined in subdivision one of […]
§ 470.25 Money laundering; fines. 1. Any person convicted of a violation of section 470.05, 470.10, 470.15, or 470.20 of this article may be sentenced to pay a fine not in excess of two times the value of the monetary instruments which are the proceeds of specified criminal activity. When a fine is imposed pursuant […]
