Colorado § 18-15-102 - Extortionate extension of credit - penalty.
Full text of Colorado Colorado Revised Statutes § 18-15-102 — Extortionate extension of credit - penalty., with citation guidance and answers to common questions.
§ 18-15-102. Extortionate extension of credit - penalty.
Any person who makes any extension of credit in any amount regardless of the loan finance charge with respect to which it is the understanding of the creditor and the debtor at the time it is made that delay in making repayment or failure to make repayment will result in the use of extortionate means of collection is guilty of extortionate extension of credit, which is a class 4 felony.
Source: L. 72: p. 289, § 3. C.R.S. 1963: § 40-15-102.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 18-15-102
What does Colorado Revised Statutes § 18-15-102 cover?
Section 18-15-102 ("Extortionate extension of credit - penalty.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 18-15-102?
A common citation format is "Colorado Revised Statutes § 18-15-102" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 18-15-102 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.