Sec. 190.42 Criminal usury in the first degree.
A person is guilty of criminal usury in the first 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
and either the actor had previously been convicted of the crime of criminal
usury or of the attempt to commit such crime, or the actor's conduct was
part of a scheme or business of making or collecting usurious loans.
Criminal usury in the first degree is a class C felony.
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