Arson in the first degree

(1) A person commits the offense of arson in the first degree if the person intentionally or knowingly sets fire to or causes to be burned property and:

     (a)  Knowingly places another person in danger of death or bodily injury; or

     (b)  Knowingly or recklessly damages the property of another, without the other's consent, in an amount exceeding $20,000.

     (2)  Arson in the first degree is a class A felony. [L 2006, c 181, pt of §1]