Colorado statute
C.R.S. § 18-15-105 — Financing extortionate extensions of credit.
Current through 2025 Regular Session
Part of Article 15: Offenses - Making, Financing, or Collection of Loans, Colorado Revised Statutes.
Criminal charges under this statute
Full text of C.R.S. § 18-15-105
Statutory text current through the 2025 Regular Session. This is an officially sanctioned publication using the official text of the Colorado Revised Statutes; it is not the official statutes of the State of Colorado.
Any person who knowingly advances money or property, whether as a gift, a loan, or an investment, pursuant to a partnership or profit-sharing agreement, or otherwise, to any person, with reasonable grounds to believe that it is the intention of the person to whom the advance is made to use the money or property, directly or indirectly, for the purpose of making an extortionate extension of credit, commits financing extortionate extensions of credit, which is a class 5 felony.
Official sources
Legal terms used in this section
Questions this section answers
Is financing extortionate extensions of credit a felony or a misdemeanor in Colorado?
Financing extortionate extensions of credit is a class 5 felony in Colorado under C.R.S. § 18-15-105.
Which Colorado statute covers financing extortionate extensions of credit?
Financing extortionate extensions of credit is governed by C.R.S. § 18-15-105 (Financing extortionate extensions of credit).
This reference is informational and is not legal advice.