PL 190.40 Criminal usury 2nd degree Class E felony Link to CJI2d
Sec. 190.40  Criminal usury in the second degree.
    A  person  is  guilty  of criminal usury in the second degree when, not
being authorized or permitted by law to do so, he knowingly charges,  takes
or  receives  any  money  or  other  property  as  interest  on the loan or
forbearance of any money or other property, at a rate exceeding twenty-five
per centum per annum or the equivalent rate for a longer or shorter period.
    Criminal usury in the second degree is a class E felony.
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Subdivision Elements Lesser included offenses
PL 190.40
  • unlawfully charges over 25% interest

LIO

Pleas
Has defendant previously been subjected to a predicate felony conviction (PL 70.06)? Yes No
Sentences
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