18-U.S.C.-893

§893 – Financing Extortionate Extensions of Credit

Pathway

Title 18 > Part I > Chapter 42 > Section 893

Details

• Reference: Section 893
• Legend: §893 – Financing Extortionate Extensions of Credit
• USCode Year: 2013

Provision Content

Whoever willfully advances money or property, whether as a gift, as a loan, as 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 that person to use the money or property so advanced directly or indirectly for the purpose of making extortionate extensions of credit, shall be fined under this title or an amount not exceeding twice the value of the money or property so advanced, whichever is greater, or shall be imprisoned not more than 20 years, or both.

(Added Pub. L. 90–321, title II, §202(a), May 29, 1968, 82 Stat. 161; amended Pub. L. 103–322, title XXXIII, §330016(1)(L), Sept. 13, 1994, 108 Stat. 2147.)

Amendments

1994—Pub. L. 103–322 substituted fined under this title for fined not more than $10,000.

U.S. Encyclopedia of Law Coverage

18-U.S.C.-873 in the Legal Encyclopedia: Criminal Law

In this entry about 18-U.S.C.-873, find legal reference material, bibliographies and premiere content related to criminal law in the American Encyclopedia of Law, presenting a comprehensive view of the United States criminal law-specific issues, written by authorities in the field.

18-U.S.C.-842 in the Legal Encyclopedia: Crimes

In this entry about 18-U.S.C.-842, find legal reference material, bibliographies and premiere content related to crimes in the American Encyclopedia of Law, presenting a comprehensive view of the United States crimes-specific issues, written by authorities in the field.

Topic Map

• Browse the Topic Map in relation with Title 18 (Crimes And Criminal Procedure) guided by subject interests.