(1) [ Editor's note: This version of subsection (1) is effective March 1, 2022. ] A supervised lender who willfully makes charges in excess of those permitted by the provisions of this code commits a class 2 misdemeanor.
(2) [ Editor's note: This version of subsection (2) is effective March 1, 2022. ] A person, other than a supervised financial organization, who willfully engages in the business of making supervised loans without a license in violation of the provisions of this code applying to the authority to make supervised loans described in section 5-2-301 commits a class 2 misdemeanor.
(3) [ Editor's note: This version of subsection (3) is effective March 1, 2022. ] A person who willfully engages in the business of making consumer credit transactions or of taking assignments of rights against consumers arising therefrom and undertakes direct collection of payments or enforcement of these rights without complying with the provisions of this code concerning notification contained in section 5-6-202 or payment of fees contained in section 5-6-203 commits a class 2 misdemeanor.
Source: L. 2000: Entire article R&RE, p. 1243, § 1, effective July 1. L. 2021: (1), (2), and (3) amended, (SB 21-271), ch. 462, p. 3133, § 54, effective March 1, 2022.