(1) Any person who does any of the following for money or other thing of value commits pandering of a child:
(a) Inducing a child by menacing or criminal intimidation to commit prostitution; or
(b) Knowingly arranging or offering to arrange a situation in which a child may practice prostitution.
(2) Pandering under paragraph (a) of subsection (1) of this section is a class 2 felony. Pandering under paragraph (b) of subsection (1) of this section is a class 3 felony.
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