Mich. Comp. Laws » Michigan Compiled Laws / Chapter 750 / Act 328 of 1931
Michigan Compiled Laws

Mich. Comp. Laws § 750.411k (2026)

Proceeds of criminal offense; receipt; acquisition; financial transaction.

✓ current as of July 2026
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THE MICHIGAN PENAL CODE


Act 328 of 1931


750.411k Proceeds of criminal offense; receipt; acquisition; financial transaction.

Sec. 411k.

    (1) A person shall not knowingly receive or acquire a monetary instrument or other property that constitutes the proceeds or substituted proceeds of a specified criminal offense with prior actual knowledge of both of the following:

    (a) The monetary instrument or other property represents the proceeds or substituted proceeds of a criminal offense.

    (b) The receipt or acquisition of the proceeds or substituted proceeds meets 1 or more of the following criteria:

    (i) It will aid that person or another person in promoting or carrying on the criminal offense from which the proceeds or substituted proceeds were derived or any other criminal offense.

    (ii) It is designed, in whole or in part, to conceal or disguise the nature, location, source, ownership, or control of the proceeds or substituted proceeds of the specified criminal offense or to avoid a transaction reporting requirement under state or federal law.

    (2) A person shall not knowingly conduct, attempt to conduct, or participate in conducting or attempting to conduct a financial transaction involving a monetary instrument or other property that constitutes the proceeds or substituted proceeds of a specified criminal offense with prior actual knowledge of both of the following:

    (a) The monetary instrument or other property represents the proceeds or substituted proceeds of a criminal offense.

    (b) The financial transaction meets 1 or more of the following criteria:

    (i) It will aid that person or another person in promoting or carrying on the criminal offense from which the proceeds or substituted proceeds were derived or any other criminal offense.

    (ii) It is designed, in whole or in part, to conceal or disguise the nature, location, source, ownership, or control of the proceeds or substituted proceeds of the specified criminal offense, or to avoid a transaction reporting requirement under state or federal law.

History: Add. 1994, Act 284, Eff. Oct. 1, 1994

Notes of Decisions
Cited in 2 cases, 2005–2011 · leading case: Echelon Homes, LLC v. Carter Lumber Co., 694 N.W.2d 544 (Mich. 2005).
Sort: Relevance Newest Treatment
Echelon Homes, LLC v. Carter Lumber Co., 694 N.W.2d 544 (Mich. 2005). · cites it 2× “159r(1)(a) ("who did not have prior actual knowledge"); MCL 750.”
Simmons v. Grandison, 833 F. Supp. 2d 702 (E.D. Mich. 2011). “Plaintiffs unusual play gave Grandison reason to conclude that she was merely attempting to change bills. Grandisoné training and experience indicated that a frequent motive for changing bills is to conceal the proceeds of criminal activity.”
Mich. Comp. Laws § 750.411k(1): 1 case
Echelon Homes, LLC v. Carter Lumber Co., 694 N.W.2d 544 (Mich. 2005). “159r(1)(a) ("who did not have prior actual knowledge"); MCL 750.”
Mich. Comp. Laws § 750.411k(l): 1 case
Echelon Homes, LLC v. Carter Lumber Co., 694 N.W.2d 544 (Mich. 2005). “159r(1)(a) ("who did not have prior actual knowledge"); MCL 750.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.