§ 4-816
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/md/housing-and-community-development/4-816A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§4–816.
(a)A person may not knowingly make or cause to be made any material misstatement of fact, including an understatement or overstatement of financial condition, in a statement or report that:
(1)is in or relates to a loan application under this subtitle; or
(2)affects a loan already made under this subtitle.
(b)A person who violates this section is guilty of a misdemeanor and on conviction is subject to imprisonment not exceeding 2 years or a fine not exceeding $5,000 or both.