There is a newer version
of
this Section
2020 Colorado Revised Statutes
Title 18 - Criminal Code
Article 15. Offenses - Making, Financing, or Collection of Loans
Section 18-15-102. Extortionate extension of credit - penalty.
Universal Citation: CO Rev Stat § 18-15-102 (2020)
Any person who makes any extension of credit in any amount regardless of the loan finance charge with respect to which it is the understanding of the creditor and the debtor at the time it is made that delay in making repayment or failure to make repayment will result in the use of extortionate means of collection is guilty of extortionate extension of credit, which is a class 4 felony.
Source: L. 72: p. 289, § 3. C.R.S. 1963: § 40-15-102.
Disclaimer: These codes may not be the most recent version. Colorado may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.