Michigan § 750.411n - Second-degree money laundering.
Full text of Michigan Michigan Compiled Laws § 750.411n — Second-degree money laundering., with citation guidance and answers to common questions.
§ 750.411n. Second-degree money laundering.
Except as otherwise provided in section 411o, a person who violates section 411k is guilty of second-degree money laundering if the value of the proceeds or substituted proceeds of the specified criminal offense involved in the violation is $10,000.00 or more and the violation involves either of the following:
The specified criminal offense involved in the violation is a controlled substance offense, or an attempt, solicitation, or conspiracy to commit a controlled substance offense.
The violation is committed with the intent to do 1 or more of the following:
Promote the commission of the criminal offense from which the proceeds or substituted proceeds were derived or any other criminal offense.
Conceal or disguise the nature, location, source, ownership, or control of the proceeds or substituted proceeds of the specified criminal offense or avoid a transaction reporting requirement under state or federal law.
Second-degree money laundering is a felony punishable by imprisonment for not more than 10 years, or by a fine of not more than $100,000.00 or twice the value of the proceeds or substituted proceeds of the specified criminal offense involved in the violation, whichever is greater, or both.
For purposes of this section, the $10,000.00 threshold for the value of the proceeds or substituted proceeds of a specified criminal offense may be aggregated over a period of 30 calendar days.
Frequently Asked Questions About Michigan § 750.411n
What does Michigan Compiled Laws § 750.411n cover?
Section 750.411n ("Second-degree money laundering.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Michigan § 750.411n?
A common citation format is "Michigan Compiled Laws § 750.411n" (Michigan). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Michigan law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.
How does Michigan § 750.411n apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Michigan.