THE MICHIGAN PENAL CODE (EXCERPT)
Act 328 of 1931
750.411l Fourth-degree money laundering.
Except as otherwise provided in sections 411m to 411o, a person who violates section 411k is guilty of fourth-degree money laundering, a misdemeanor punishable by imprisonment for not more than 2 years, or by a fine of not more than $10,000.00 or twice the value of the proceeds or substituted proceeds of the specified criminal offense involved in the violation, whichever is greater, or both.
History: Add. 1994, Act 284, Eff. Oct. 1, 1994
© 2009 Legislative Council, State of Michigan