(a) An officer, official, or employee of a credit union may not willfully and knowingly make or cause to be made a false statement or false entry in the records of the credit union or, with the intent to deceive a person authorized to examine the affairs of the credit union, sign or exhibit false records.
(b) An officer, official, or employee who violates any provision of this section is guilty of a felony and on conviction is subject to a fine not exceeding $5,000 or imprisonment not exceeding 10 years or both.
Structure Maryland Statutes
Subtitle 9 - Prohibited Activities; Penalties
Section 6-901 - Unauthorized Use of Words "Credit Union" Prohibited
Section 6-902 - Making, Circulating, or Sending Untrue Statements
Section 6-903 - Intentionally False Statements or False Records
Section 6-904 - Improper Loans
Section 6-905 - Improper Loans -- Action by Commissioner
Section 6-906 - Cease and Desist Orders
Section 6-906.1 - Cease and Desist Orders -- Civil Penalty
Section 6-906.2 - Closed Hearing in Extraordinary Circumstances