§ 893. Financing extortionate extensions of credit

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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.)

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Pub. L. 90–321, title II, § 202(a)
82 Stat. 161
Pub. L. 103–322, title XXXIII, § 330016(1)(L)
108 Stat. 2147
Pub. L. 103–322

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§ 893

Financing extortionate extensions of credit

Pub. L.Pub. L. 90–321, title II, § 202(a)

Stat.82 Stat. 161

Pub. L.Pub. L. 103–322, title XXXIII, § 330016(1)(L)

Stat.108 Stat. 2147

Pub. L.Pub. L. 103–322

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