
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 21USC854]

 
                        TITLE 21--FOOD AND DRUGS
 
              CHAPTER 13--DRUG ABUSE PREVENTION AND CONTROL
 
                  SUBCHAPTER I--CONTROL AND ENFORCEMENT
 
                     Part D--Offenses and Penalties
 
Sec. 854. Investment of illicit drug profits


(a) Prohibition

    It shall be unlawful for any person who has received any income 
derived, directly or indirectly, from a violation of this subchapter or 
subchapter II of this chapter punishable by imprisonment for more than 
one year in which such person has participated as a principal within the 
meaning of section 2 of title 18, to use or invest, directly or 
indirectly, any part of such income, or the proceeds of such income, in 
acquisition of any interest in, or the establishment or operation of, 
any enterprise which is engaged in, or the activities of which affect 
interstate or foreign commerce. A purchase of securities on the open 
market for purposes of investment, and without the intention of 
controlling or participating in the control of the issuer, or of 
assisting another to do so, shall not be unlawful under this section if 
the securities of the issuer held by the purchaser, the members of his 
immediate family, and his or their accomplices in any violation of this 
subchapter or subchapter II of this chapter after such purchase do not 
amount in the aggregate to 1 per centum of the outstanding securities of 
any one class, and do not confer, either in law or in fact, the power to 
elect one or more directors of the issuer.

(b) Penalty

    Whoever violates this section shall be fined not more than $50,000 
or imprisoned not more than ten years, or both.

(c) ``Enterprise'' defined

    As used in this section, the term ``enterprise'' includes any 
individual, partnership, corporation, association, or other legal 
entity, and any union or group of individuals associated in fact 
although not a legal entity.

(d) Construction

    The provisions of this section shall be liberally construed to 
effectuate its remedial purposes.

(Pub. L. 91-513, title II, Sec. 414, as added Pub. L. 98-473, title II, 
Sec. 303, Oct. 12, 1984, 98 Stat. 2049.)
