Whoever knowingly makes or causes to be made any false statement or report for the purpose of influencing the action of the Department upon any application for a loan or any action of the Department affecting a loan already made, shall be subject to a penalty in the amount of three times the amount of the loan with interest of 6 percent from the date of the loan. The Department may enforce this penalty in the appropriate court.
Structure Maryland Statutes
Title 2 - Department of Agriculture
Subtitle 6 - Farmer Disaster Loan Program
Section 2-601 - Created in Department of Agriculture; Purpose; Management and Supervision
Section 2-602 - Power to Make Loans
Section 2-603 - Interest Rate; Application Fee; Security; Eligibility; Reimbursement of Department