(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
(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.
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