CITE-
18 USC Sec. 1962
01/16/96
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TITLE 18 - CRIMES AND CRIMINAL PROCEDURE
PART I - CRIMES
CHAPTER 96 - RACKETEER INFLUENCED AND CORRUPT ORGANIZATIONS
-HEAD-
Sec. 1962. Prohibited activities
-STATUTE-
(a) It shall be unlawful for any person who has
received any
income derived, directly or indirectly, from a pattern of
racketeering activity or through collection of an unlawful
debt in
which such person has participated as a principal within the
meaning of section 2, title 18, United States Code, 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 subsection if the
securities of the issuer held by the purchaser, the members
of his
immediate family, and his or their accomplices in any pattern
or
racketeering activity or the collection of an unlawful debt
after
such purchase do not amount in the aggregate to one percent
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) It shall be unlawful for any person through a
pattern of
racketeering activity or through collection of an unlawful
debt to
acquire or maintain, directly or indirectly, any interest in
or
control of any enterprise which is engaged in, or the
activities of
which affect, interstate or foreign commerce.
(c) It shall be unlawful for any person employed
by or associated
with any enterprise engaged in, or the activities of which
affect,
interstate or foreign commerce, to conduct or participate,
directly
or indirectly, in the conduct of such enterprise's affairs
through
a pattern of racketeering activity or collection of unlawful
debt.
(d) It shall be unlawful for any person to
conspire to violate
any of the provisions of subsection (a), (b), or (c) of this
section.
-SOURCE-
(Added Pub. L. 91-452, title IX, Sec. 901(a), Oct. 15, 1970,
84
Stat. 942; amended Pub. L. 100-690, title VII, Sec. 7033,
Nov. 18,
1988, 102 Stat. 4398.)
-MISC1-
AMENDMENTS
1988 - Subsec. (d). Pub. L. 100-690 substituted
''subsection''
for ''subsections''.
-SECREF-
SECTION REFERRED TO IN OTHER SECTIONS
This section is referred to in sections 1963,
1964, 3554 of this
title; title 7 section 12a; title 8 section 1101.