N.Y. PEN Law § 470.00 — New York Code / Act PEN / Part 4 / Title X / Article 470 / Section 470.00
Definitions
Status: in_force

§ 470.00 Definitions.\n  The following definitions are applicable to this article.\n  1. "Monetary instrument" means coin and currency of the United States\nor of any other country; personal checks; bank checks; traveler's\nchecks; money orders; and investment securities and negotiable\ninstruments, in bearer form or otherwise, in such form that title\nthereto passes on delivery, except that "monetary instrument" shall not\ninclude payments to attorneys for legal services.\n  2. "Conducts" includes initiating, concluding or participating in\ninitiating or concluding a transaction.\n  3. "Transaction" includes a payment, purchase, sale, loan, pledge,\ngift, transfer, or delivery, and with respect to a financial institution\nincludes a deposit, withdrawal, transfer between accounts, exchange of\ncurrency, loan, extension of credit, purchase or sale of any stock,\nbond, certificate of deposit, or other monetary instrument, use of a\nsafe deposit box, or any other payment, transfer, or delivery by,\nthrough, or to a financial institution, by whatever means effected,\nexcept that "transaction" shall not include payments to attorneys for\nlegal services.\n  4. "Criminal conduct" means conduct which is a crime under the laws of\nthis state or conduct committed in any other jurisdiction which is or\nwould be a crime under the laws of this state.\n  5. "Specified criminal conduct" means criminal conduct committed in\nthis state constituting a criminal act, as the term criminal act is\ndefined in section 460.10 of this chapter, or constituting the crime of\nenterprise corruption, as defined in section 460.20 of this chapter, or\nconduct committed in any other jurisdiction which is or would be\nspecified criminal conduct if committed in this state.\n  6. "Financial institution" means :\n  (a) an insured bank, as defined in section 3(b) of the Federal Deposit\nInsurance Act, 12 U.S.C. 1813(h);\n  (b) a commercial bank or trust company;\n  (c) a private banker;\n  (d) an agency or branch of a foreign bank in the United States;\n  (e) a credit union;\n  (f) a thrift institution;\n  (g) a broker or dealer registered with the Securities and Exchange\nCommission under the Securities and Exchange Act of 1934, U.S.C. 78a et\nseq.;\n  (h) a broker or dealer in securities or commodities;\n  (i) an investment banker or investment company;\n  (j) a currency exchange;\n  (k) an issuer, redeemer, or cashier of travelers' checks, checks,\nmoney orders, or similar instruments;\n  (l) an operator of a credit card system;\n  (m) an insurance company;\n  (n) a dealer in precious metals, stones, or jewels;\n  (o) a pawnbroker;\n  (p) a loan or finance company;\n  (q) a travel agency;\n  (r) a person licensed to engage in the business of receiving money for\ntransmission or transmitting the same by whatever means, or any other\nperson engaged in such business as an agent of a licensee or engaged in\nsuch business without a license;\n  (s) a telegraph company;\n  (t) a business engaged in vehicle sales, including automobile,\nairplane and boat sales;\n  (u) persons involved in real estate closings and settlements;\n  (v) the United States Postal Service;\n  (w) an agency of the United States government or of a state or local\ngovernment carrying out a duty or power of a business described in this\nsubdivision;\n  (x) a casino, gambling casino, or gaming establishment with an annual\ngaming revenue of more than a million dollars which:\n  (i) is licensed as a casino, gambling casino or gaming establishment\nunder the laws of any state or any political subdivision of any state;\nor\n  (ii) is an Indian gaming operation conducted under or pursuant to the\nIndian Gaming Regulatory Act other than an operation which is limited to\nclass 1 gaming as defined in subdivision six of section four of such\nact; or\n  (y) any business or agency engaged in any activity which the\nsuperintendent of financial services or the United States Secretary of\nthe Treasury determines, by regulation, to be an activity which is\nsimilar to, related to, or a substitute for activity which any business\nas described in this subdivision is authorized to engage.\n  7. "Financial transaction" means a transaction involving:\n  (a) the movement of funds by wire or other means; or\n  (b) one or more monetary instruments; or\n  (c) the transfer of title to any real property, vehicle, vessel or\naircraft; or\n  (d) the use of a financial institution.\n  8. "Represented" means any representation made by a law enforcement\nofficer, or by another person at the direction of, or with the approval\nof, such law enforcement officer.\n  9. "Law enforcement officer" means any public servant, federal or\nstate, who is authorized to conduct an investigation, prosecute or make\nan arrest for a criminal offense.\n  10. For the purpose of this article, each of the five counties in the\ncity of New York shall be considered as a separate county.\n