Colorado statute
C.R.S. § 18-15-107 — Collection of extensions of credit by extortionate means.
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. § 18-15-107
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.
(1) It is unlawful for any person knowingly to participate in any way, or to conspire to do so, in the use of any extortionate means to collect or to attempt to collect any extension of credit or to punish any person for the nonrepayment of any extension of credit. (2) Any person who violates the provisions of subsection (1) of this section commits collection of extensions of credit by extortionate means, which is a class 4 felony. (3) In any prosecution under this section for the purpose of showing an implicit threat as a means of collection, evidence may be introduced tending to show that one or more extensions of credit by the creditor were, to the knowledge of the person against whom the implicit threat was alleged to have been made, collected or attempted to be collected by extortionate means or that the nonrepayment of an extension of credit was punished by extortionate means.
Official sources
Legal terms used in this section
Questions this section answers
Is collection of extensions of credit by extortionate means a felony or a misdemeanor in Colorado?
Collection of extensions of credit by extortionate means is a class 4 felony in Colorado under C.R.S. § 18-15-107.
Which Colorado statute covers collection of extensions of credit by extortionate means?
Collection of extensions of credit by extortionate means is governed by C.R.S. § 18-15-107 (Collection of extensions of credit by extortionate means).
This reference is informational and is not legal advice.