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Statutes Text

Article - Economic Development




§5–545.

    (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.



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