Engaging in a financial transaction in property derived from unlawful activity
(1) A person commits the crime of engaging in a financial transaction in property derived from unlawful activity if the person knowingly engages in or attempts to engage in a financial transaction in property that:
(a) Constitutes, or is derived from, the proceeds of unlawful activity;
(b) Is of a value greater than $10,000; and
(c) The person knows is derived from or represents the proceeds of some form, though not necessarily which form, of unlawful activity.
(2)(a) Engaging in a financial transaction in property derived from unlawful activity is a Class C felony.
(b) In addition to any other sentence of imprisonment or fine that a court may impose and notwithstanding ORS 161.625 (Fines for felonies), a court may include in the sentence of a person convicted under this section a fine in an amount equal to the value of the property involved in the unlawful transaction.
(3) As used in this section:
(a) “Financial transaction” has the meaning given that term in ORS 164.170 (Laundering a monetary instrument). “Financial transaction” does not include any transaction necessary to preserve a person’s right to representation as guaranteed by section 11, Article I of the Oregon Constitution, and the Sixth Amendment to the United States Constitution.
(b) “Unlawful activity” has the meaning given that term in ORS 164.170 (Laundering a monetary instrument). [1999 c.878 §2]
Note: See note under 164.170 (Laundering a monetary instrument).
3 OregonLaws.org assembles these lists by analyzing references between Sections. Each listed item refers back to the current Section in its own text. The result reveals relationships in the code that may not have otherwise been apparent.