§ 1 Definitions
§ 2 Money laundering; penalties
§ 3 Filing by financial institutions of reports required by the Currency and Foreign Transactions Act; liability for making, filing or use of reports provided pursuant to section; disclosure of reports
§ 4 Forfeiture of monetary instruments or other property obtained in violation of Sec. 2
criminal case

Have a question?
Click here to chat with a criminal defense lawyer and protect your rights.

Terms Used In Massachusetts General Laws > Chapter 267A - Money Laundering

  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Personal property: All property that is not real property.