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Unannotated Code of Maryland (Last Updated: May 16, 2014) |
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FINANCIAL INSTITUTIONS |
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TITLE 6. CREDIT UNIONS |
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SUBTITLE 9. PROHIBITED ACTIVITIES; PENALTIES. |
§ 6-903. Intentionally false statements or false records
Latest version.
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(a) Prohibited. -- 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) Penalties. -- 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.