Official text prohibited actmental stateif conditionpenaltylegal term
(a) Whoever receives, possesses, or disposes of any money or other property, or any portion thereof, which has at any time been delivered as ransom or reward in connection with a violation of section 1201 of this title, knowing the same to be money or property which has been at any time delivered as such ransom or reward, shall be or imprisoned not more than ten years, or both.
(b) A person who transports, transmits, or transfers in any proceeds of a kidnapping punishable under State law by imprisonment for more than 1 year, or receives, possesses, conceals, or disposes of any such proceeds after they have crossed a State or United States boundary, knowing the proceeds to have been unlawfully obtained, shall be imprisoned not more than 10 years, , or both.
(c)
For purposes of this section, the term "State" has the meaning set forth in section 245(d) of this title.
History: (June 25, 1948, ch. 645, 62 Stat. 760 (PDF, 39 MB); Pub. L. 103–322, title XXXII, §320601(b), title XXXIII, §330016(1)(L), Sept. 13, 1994, 108 Stat. 2115 (PDF, 52 MB), 2147.)
Simplified explanation
It is a federal crime to knowingly receive, possess, or get rid of money or property paid as ransom in a federal kidnapping. It is also a crime to knowingly move, receive, or hide proceeds of a serious State-law kidnapping across state or national borders.