Sec. 53a-279. Money laundering in the fourth degree: Class A misdemeanor. - Connecticut Statutes

      Sec. 53a-279. Money laundering in the fourth degree: Class A misdemeanor. (a) A person is guilty of money laundering in the fourth degree when he exchanges or receives in exchange, in one or more transactions, one or more monetary instruments derived from criminal conduct constituting a felony for one or more other monetary instruments or equivalent property, with knowledge that the exchange will conceal that the exchanged monetary instrument or instruments or equivalent property is derived from any criminal activity, or with knowledge that the exchange will aid a person to engage in or to profit or benefit from criminal activity.

      (b) Money laundering in the fourth degree is a class A misdemeanor.

      (P.A. 87-373, S. 9.)