Effective: July 1, 1996
Latest Legislation: Senate Bill 2 - 121st General Assembly
(A) No person shall:
(1) Knowingly make or participate in an extortionate extension of credit;
(2) Knowingly engage in criminal usury;
(3) Possess any writing, paper, instrument, or article used to record criminally usurious transactions, knowing that the contents record a criminally usurious transaction.
(B) Whoever violates division (A)(1) or (2) of this section is guilty of a felony of the fourth degree. Whoever violates division (A)(3) of this section is guilty of a misdemeanor of the first degree.