A. A person who knowingly violates section 44-1622 is guilty of a class 1 misdemeanor.

Terms Used In Arizona Laws 44-1631

  • Felony: A crime carrying a penalty of more than a year in prison.
  • Misdemeanor: Usually a petty offense, a less serious crime than a felony, punishable by less than a year of confinement.
  • Person: means an individual, partnership, corporation, association, or any other entity of whatever kind or nature. See Arizona Laws 44-1691

B. A person who violates section 44-1623, 44-1624 or 44-1625, section 44-1626, subsection B, C or D or section 44-1630 is guilty of a class 1 misdemeanor.

C. A person who knowingly charges and collects interest at a rate that is greater than permitted under section 44-1626, subsection A is guilty of a class 6 felony.

D. A person who violates section 44-1627 is guilty of a class 6 felony.

 

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