Maryland Statutes
Part IV - Small Business Development Guaranty Fund
Section 5-545 - Prohibited Acts; Penalty

(a)    A person may not knowingly make or cause to be made a false statement or report in an application or document submitted to the Authority under this part.
    (b)    A person may not knowingly make or cause to be made a false statement or report to influence an action of the Authority under this part:
        (1)    on an application for financial assistance; or
        (2)    affecting financial assistance whether or not the assistance has already been extended.
    (c)    A person who violates this section is guilty of a misdemeanor and on conviction is subject to imprisonment not exceeding 5 years or a fine not exceeding $50,000 or both.

Structure Maryland Statutes