Indiana Statutes

§ 35-45-7-2 — Loansharking

Indiana § 35-45-7-2
JurisdictionIndiana
Art. 45OFFENSES AGAINST PUBLIC HEALTH, ORDER,
Ch. 7Loansharking

This text of Indiana § 35-45-7-2 (Loansharking) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ind. Code § 35-45-7-2 (2026).

Text

A person who, in exchange for the loan of any property, knowingly or intentionally receives or contracts to receive from another person any consideration, at a rate greater than two (2) times the rate specified in IC 24-4.5-3-508(2)(a)(i), commits loansharking, a Level 6 felony. However, loansharking is a Level 5 felony if force or the threat of force is used to collect or to attempt to collect any of the property loaned or any of the consideration for the loan. As added by Acts 1980, P.L.207, SEC.1. Amended by P.L.158-2013, SEC.536.

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Related

Conner v. Howe
344 F. Supp. 2d 1164 (S.D. Indiana, 2004)
12 case citations
Bullock v. Credit Bureau of Greater Indianapolis, Inc.
272 F. Supp. 2d 780 (S.D. Indiana, 2003)
3 case citations

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Bluebook (online)
Indiana § 35-45-7-2, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/35-45-7-2.