New York · New York Penal Law (PEN)
N.Y. Penal Law § 470.03: Money laundering: aggregation of value; other matters
What this law says, in plain English
This statute defines procedural rules for money laundering prosecutions: it permits aggregating financial transactions and monetary instrument transfers across multiple occasions if they are part of a single criminal transaction, and it carves out an exception protecting escrow funds returned for real property purchases or to satisfy tax or lawful obligations.
Facing this? Know exactly what happens next.
MOFRD turns this code section into your situation: the deadlines that apply to you, the forms your county uses, and the resolution paths people in your position actually take. Free for 3 days — no card required.
This page is legal information, not legal advice. Code text is sourced from official publications and may lag amendments — always confirm at the official source linked above. Plain-English summaries and relationship data are AI-derived and reviewed on an ongoing basis; verify with a licensed attorney before acting.