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Unannotated Code of Maryland (Last Updated: May 16, 2014) |
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ECONOMIC DEVELOPMENT |
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DIVISION I. DEPARTMENT OF BUSINESS AND ECONOMIC DEVELOPMENT |
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TITLE 5. ECONOMIC DEVELOPMENT AND FINANCIAL ASSISTANCE PROGRAMS |
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SUBTITLE 4. MARYLAND INDUSTRIAL DEVELOPMENT FINANCING AUTHORITY |
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PART VII. PROHIBITED ACTS; PENALTIES |
§ 5-463. False statement or report
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(a) False statement or report -- Application or document. -- A person may not knowingly make or cause a false statement or report to be made in an application or document submitted to the Authority.
(b) False statement or report -- To influence Authority. -- A person may not knowingly make or cause a false statement or report to be made to influence an action of the Authority:
(1) on an application for financial assistance under this subtitle; or
(2) affecting financial assistance sought or awarded under this subtitle.
(c) Penalty. -- 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.
(d) Statute of limitations and in banc review. -- A person who violates this section is subject to § 5-106(b) of the Courts Article.