(a) A person commits the crime of promoting prostitution in the first degree if he knowingly:
(1) Advances prostitution by compelling a person by force or intimidation to engage in prostitution, or profits from such coercive conduct by another; or
(2) Advances or profits from prostitution of a person less than 16 years of age.
(b) Promoting prostitution in the first degree is a Class B felony.
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