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Code · Kentucky · Chapter 517 — Business and commercial frauds

517.090 Issuing false financial statement.

110 words·~1 min read·/ky/chapter-517/517-090

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(1)A person is guilty of issuing a false financial statement when, with intent to defraud,
he:
(a)Knowingly makes or utters a written instrument which purports to describe
the financial condition or ability to pay of himself or of some other person and
which is inaccurate in some material respect; or
(b)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 that person's financial condition or ability to pay, knowing the
instrument to be materially inaccurate in that respect.
(2)Issuing a false financial statement is a Class A misdemeanor.
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