§ 609.526 — Precious Metal and Scrap Metal Dealers; Receiving Stolen Property
Plain-Language Summary
A precious metal dealer or scrap metal dealer, or anyone they employ, commits a crime by receiving, possessing, transferring, buying, or concealing stolen property or property obtained by robbery or carjacking when they know or have reason to know it was stolen or so obtained. Penalties depend on the value of the property: up to ten years in prison and a $50,000 fine if the value is $1,000 or more, up to three years and a $25,000 fine if the value is more than $500 but less than $1,000, and up to 90 days and a $1,000 fine if the value is $500 or less. A person convicted a second or subsequent time within one year may be sentenced under the highest penalty tier.
609.526 PRECIOUS METAL AND SCRAP METAL DEALERS; RECEIVING STOLEN PROPERTY.
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Subdivision 1.Definitions.
As used in this section, the following terms have the meanings given:
(1) “precious metal dealer” has the meaning given in section 325F.731, subdivision 2; and
(2) “scrap metal dealer” has the meaning given in section 325E.21, subdivision 1. §
Subd. 2.Crime described.
Any precious metal dealer or scrap metal dealer or any person employed by a dealer, who receives, possesses, transfers, buys, or conceals any stolen property or property obtained by robbery or carjacking, knowing or having reason to know the property was stolen or obtained by robbery or carjacking, may be sentenced as follows:
(1) if the value of the property received, bought, or concealed is $1,000 or more, to imprisonment for not more than ten years or to payment of a fine of not more than $50,000, or both;
(2) if the value of the property received, bought, or concealed is less than $1,000 but more than $500, to imprisonment for not more than three years or to payment of a fine of not more than $25,000, or both;
(3) if the value of the property received, bought, or concealed is $500 or less, to imprisonment for not more than 90 days or to payment of a fine of not more than $1,000, or both.
Any person convicted of violating this section a second or subsequent time within a period of one year may be sentenced as provided in clause (1).
History:
1989 c 290 art 7 s 6; 2004 c 228 art 1 s 72; 2007 c 54 art 2 s 10; 2023 c 52 art 20 s 22
History: History: 1989 c 290 art 7 s 6; 2004 c 228 art 1 s 72; 2007 c 54 art 2 s 10; 2023 c 52 art 20 s 22