ORS § 164.172

Current through 2024 Regular Session legislation effective June 6, 2024
Section 164.172 - 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, 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. "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.

ORS 164.172

1999 c.878 §2

See note under 164.170.