§5340 — Title 31 Money and Finance | U.S. Code

Summary

Defines the main words used in this part of the law. "Department of the Treasury law enforcement organizations" is given the meaning in section 9705(n). "Money laundering and related financial crime" means moving illegal cash or cash-like proceeds into, out of, or through the United States or through U.S. financial institutions (as "financial institutions" are defined in 31 U.S.C. 5312), and also includes the same offenses as named under state and local laws. "Secretary" means the Secretary of the Treasury. "Attorney General" means the Attorney General of the United States.

Title 31, §5340

Money and Finance — Source: USLM XML via OLRC

For purposes of this subchapter, the following definitions shall apply:

(1)The term “Department of the Treasury law enforcement organizations” has the meaning given to such term in section 9705(n).

(2)The term “money laundering and related financial crime”—

(A)means the movement of illicit cash or cash equivalent proceeds into, out of, or through the United States, or into, out of, or through United States financial institutions, as defined in section 5312 of title 31, United States Code; or

(B)has the meaning given that term (or the term used for an equivalent offense) under State and local criminal statutes pertaining to the movement of illicit cash or cash equivalent proceeds.

(3)The term “Secretary” means the Secretary of the Treasury.

(4)The term “Attorney General” means the Attorney General of the United States.

Editorial Notes

Amendments

2025—Par. (1). Pub. L. 119–60 substituted “section 9705(n)” for “section 9705(o)”. 2015—Par. (1). Pub. L. 114–22 substituted “section 9705(o)” for “section 9703(p)(1)”.

§5340 Definitions

Summary

Title 31, §5340

Notes & Related Subsidiaries

Editorial Notes

Amendments

Citations & Metadata