{"data":{"id":"us-md/md.-code-criminal-law-5-623","jurisdiction":"us-md","citation":"Md. Code, Criminal Law § 5–623","heading":"","body":"(a) (1) In this section the following words have the meanings indicated.\n(2) “Drug crime” means:\n(i) a crime under this title; or\n(ii) a crime committed in another jurisdiction that would be a crime under this title if committed in this State.\n(3) “Financial transaction” means:\n(i) a payment;\n(ii) a purchase;\n(iii) a sale;\n(iv) a loan;\n(v) a pledge;\n(vi) a transfer;\n(vii) a delivery;\n(viii) a deposit;\n(ix) a withdrawal; or\n(x) an extension of credit or exchange of a monetary instrument or equivalent property, including precious metals, stones or jewelry, airline tickets, stamps, or credit in a financial institution as defined in § 1-101 of the Financial Institutions Article.\n(4) “Monetary instrument” means:\n(i) coin or currency of the United States or any other country;\n(ii) a bank check;\n(iii) a travelers’ check;\n(iv) a money order;\n(v) an investment security; or\n(vi) a negotiable instrument.\n(5) “Proceeds” means money or any other property with a value exceeding $10,000.\n(b) Except for a financial transaction necessary to preserve a person’s right to representation as guaranteed by the 6th Amendment to the United States Constitution and Article 21 of the Maryland Declaration of Rights, a person may not, with the intent to promote a drug crime or with the intent to conceal or disguise the nature, location, source, ownership, or control of proceeds of a drug crime:\n(1) receive or acquire proceeds knowing that the proceeds are derived from a drug crime;\n(2) engage in a financial transaction involving proceeds knowing that the proceeds are derived from a drug crime;\n(3) give, sell, transfer, trade, invest, conceal, transport, or maintain an interest in proceeds knowing that the proceeds are derived from a drug crime;\n(4) direct, promote, plan, organize, initiate, finance, manage, supervise, or facilitate the transportation or transfer of proceeds knowing that the proceeds are derived from a drug crime; or\n(5) conduct a financial transaction involving proceeds knowing that the proceeds are derived from a drug crime.\n(c) A person who violates this section is guilty of a felony and on conviction is subject to:\n(1) for a first violation:\n(i) imprisonment not exceeding 5 years;\n(ii) a fine not exceeding the greater of $250,000 or twice the value of the proceeds involved in the financial transaction; or\n(iii) both; or\n(2) for each subsequent violation:\n(i) imprisonment not exceeding 10 years;\n(ii) a fine not exceeding the greater of $500,000 or 5 times the value of the proceeds involved in the financial transaction; or\n(iii) both.\n(d) Notwithstanding any other provision of law, for purposes of this section each financial transaction is a separate violation.","path":["Article - Criminal Law"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gcr\u0026section=5-623","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:57:08Z","sha256":"f724eef782c5416e8b9f73bf91e9e72d532680e7bf650ca42c6ff68a8629dddd","source_id":"us-md","stale":false,"prev":"us-md/md.-code-criminal-law-5-622","next":"us-md/md.-code-criminal-law-5-624"},"notice":"GroundRules: Original legal text. Not legal advice."}