Minnesota § 609.496 - CONCEALING CRIMINAL PROCEEDS
Full text of Minnesota Minnesota Statutes § 609.496 — CONCEALING CRIMINAL PROCEEDS, with citation guidance and answers to common questions.
§ 609.496. CONCEALING CRIMINAL PROCEEDS
Subdivision 1.Crime.
A person is guilty of a felony and may be sentenced under subdivision 2 if the person:
(1) conducts a transaction involving a monetary instrument or instruments with a value exceeding $5,000; and
(2) knows or has reason to know that the monetary instrument or instruments represent the proceeds of, or are derived from the proceeds of, the commission of a felony under this chapter or chapter 152 or an offense in another jurisdiction that would be a felony under this chapter or chapter 152 if committed in Minnesota.
Subd. 2.Penalty.
A person convicted under subdivision 1 may be sentenced to imprisonment for not more than ten years, or to payment of a fine of not more than $100,000, or both.
Subd. 3.Monetary instrument.
For purposes of this section, "monetary instrument" means United States currency and coin; the currency and coin of a foreign country; a bank check, cashier's check, traveler's check, money order, stock, investment security, or negotiable instrument in bearer form or otherwise in the form by which title to the instrument passes upon delivery; gold, silver, or platinum bullion or coins; and diamonds, emeralds, rubies, or sapphires.
Subd. 4.Payment of reasonable attorney fees.
Subdivision 1 does not preclude the payment or receipt of reasonable attorney fees.
History:
Official Publication of the State of Minnesota
Revisor of Statutes
Frequently Asked Questions About Minnesota § 609.496
What does Minnesota Statutes § 609.496 cover?
Section 609.496 ("CONCEALING CRIMINAL PROCEEDS") is part of the Minnesota Statutes, the codified statutory law of Minnesota. 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 Minnesota § 609.496?
A common citation format is "Minnesota Statutes § 609.496" (Minnesota). 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 Minnesota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Minnesota official source linked on this page or consult a licensed Minnesota attorney.
How does Minnesota § 609.496 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Minnesota 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 Minnesota.