§ 76-6-520. Criminal usury.  


Latest version.
  • (1) A person is guilty of criminal usury when he knowingly engages in or directly or indirectly provides financing for the business of making loans at a higher rate of interest or consideration therefor than is authorized by law.
    (2) Criminal usury is a felony of the third degree.
Enacted by Chapter 196, 1973 General Session