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(1) A person commits the crime of unauthorized use of a credit card if he or she uses the card for the purpose of obtaining property or services with the knowledge that;

(a) The card is stolen or forged; or

(b) The card has been revoked or canceled; or

(c) For any other reason his or her use is unauthorized.

(2) “Credit card” means a writing or other evidence of an undertaking to pay for property or services delivered or rendered to or upon the order of a designated person or bearer.

(3) Unauthorized use of a credit card is a Class C offense if the value of the fraudulent transactions does not exceed $1,000. Unauthorized use of a credit card is a Class E offense if the value of the fraudulent transactions exceeds $1,000.