1. (a) No person shall for the purpose of evading the recording or reporting requirements of Sections 4 and 5 of this Act:

   1. (1) Cause or attempt to cause a financial institution to fail to file a report or make a record required under this Act; or
   2. (2) Cause or attempt to cause a financial institution to fail to file a report or make a record required under this Act that contains a material omission or misstatement of fact; or
   3. (3) Structure, assist in structuring, or attempt to structure or assist in structuring any transaction with one or more financial institutions.

2. (b) A person structures a transaction if he is:

   1. (1) acting alone, or in conjunction with or on behalf of other persons;
   2. (2) conducts, attempts to conduct, or assists in conducting;
   3. (3) one or more transactions in currency, cashier's checks, money orders or traveler's checks;
   4. (4) in any amount;
   5. (5) at one or more financial institutions;
   6. (6) on one or more days;
   7. (7) in any manner;
   8. (8) for the purpose of evading the reporting requirements of this Act.
3. (c) Structuring a transaction is a Class 2 felony.

(from Ch. 17, par. 7357)

(Source: P.A. 87-619.)