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This entry was published on 2014-09-22
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SECTION 175.45
Issuing a false financial statement
Penal (PEN) CHAPTER 40, PART 3, TITLE K, ARTICLE 175
§ 175.45 Issuing a false financial statement.

A person is guilty of issuing a false financial statement when, with
intent to defraud:

1. He knowingly makes or utters a written instrument which purports to
describe the financial condition or ability to pay of some person and
which is inaccurate in some material respect; or

2. He represents in writing that a written instrument purporting to
describe a person's financial condition or ability to pay as of a prior
date is accurate with respect to such person's current financial
condition or ability to pay, whereas he knows it is materially
inaccurate in that respect.

Issuing a false financial statement is a class A misdemeanor.