Minnesota Statutes
§ 609.497 — ENGAGING IN BUSINESS OF CONCEALING CRIMINAL PROCEEDS
Minnesota § 609.497
This text of Minnesota § 609.497 (ENGAGING IN BUSINESS OF CONCEALING CRIMINAL PROCEEDS) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Minn. Stat. § 609.497 (2026).
Text
Subdivision 1.Crime.
A person is guilty of a felony and may be sentenced under subdivision 2 if the person knowingly initiates, organizes, plans, finances, directs, manages, supervises, or otherwise engages in a business that has as a primary or secondary purpose concealing money or property that was gained as a direct result of the commission of a felony under this chapter or chapter 152, or of an offense committed 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 20 years, or to payment of a fine of not more than $1,000,000, or both.
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Legislative History
1989 c 286 s 4
Nearby Sections
15
§ 609.01
NAME AND CONSTRUCTION§ 609.015
SCOPE AND EFFECT§ 609.02
DEFINITIONS§ 609.025
JURISDICTION OF STATE§ 609.033
MAXIMUM PENALTIES; MISDEMEANORS§ 609.0331
MAXIMUM PENALTIES; PETTY MISDEMEANORS§ 609.04
CONVICTION OF LESSER OFFENSE§ 609.041
PROOF OF PRIOR CONVICTIONS§ 609.045
FOREIGN CONVICTION OR ACQUITTALCite This Page — Counsel Stack
Bluebook (online)
Minnesota § 609.497, Counsel Stack Legal Research, https://law.counselstack.com/statute/mn/609/609.497.