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Regulations
& Codified CSA > USC > Subchapter
I, Part D > Section 854
Section 854. Investment of Illicit Drug Profits
Prohibition
(a) 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.
Penalty
(b) Whoever violates this section shall be fined not more than $50,000 or imprisoned not more
than ten years, or both.
"Enterprise" defined
(c) 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.
Construction
(d) The provisions of this section shall be liberally construed to effectuate its remedial purposes.
(Pub. L. 91-513, Title II, 414, as added Pub. L. 98-473, Title II, Section 303, Oct. 12, 1984, 98
Stat. 2049.)
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