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Old 07-12-2007, 10:52 AM
NickMPK NickMPK is offline
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Join Date: Jan 2006
Posts: 2,626
Default Re: FTP\'s $5k checks = structuring?

You only violate the structuring statute is you structure your transactions "for the purpose of evading the reporting requirements of section 5313 (a) or 5325 or any regulation prescribed under any such section, the reporting or recordkeeping requirements imposed by any order issued under section 5326, or the recordkeeping requirements imposed by any regulation prescribed under section 21 of the Federal Deposit Insurance Act or section 123 of Public Law 91–508".

So unless you are intending to violate the tax laws, there is no problem here.
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