(a) A person may not knowingly make or cause to be made any material misstatement of fact, including an understatement or overstatement of financial condition, in a statement or report that:
(1) is in or relates to a loan application under this subtitle; or
(2) affects a loan already made under this subtitle.
(b) A person who violates this section is guilty of a misdemeanor and on conviction is subject to imprisonment not exceeding 2 years or a fine not exceeding $5,000 or both.
Structure Maryland Statutes
Housing and Community Development
Division I - Housing and Community Programs
Title 4 - Division of Development Finance
Subtitle 8 - Maryland Home Financing Program
Section 4-802 - Scope of Subtitle
Section 4-804 - Purposes of Program
Section 4-805 - Powers of Department
Section 4-806 - Duties of Department
Section 4-807 - Adjusted Annual Income
Section 4-808 - Operation of Program
Section 4-809 - Application for Loan
Section 4-810 - Eligibility for Loan -- in General
Section 4-811 - Eligibility for Loan -- Emergency Assistance Loans
Section 4-812 - Eligibility for Loan -- Reverse Equity Loans
Section 4-813 - Eligibility for Loan -- Short-Term Construction Loans
Section 4-814 - Preferred Interest Rate Mortgage