32-1-474. False statement to obtain loan.
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/mt/title-32/chapter-1/part-4/32-1-474·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
32-1-474 . False statement to obtain loan. A person who makes a statement, knowing it to be false, for the purpose of obtaining for that person or for any other person, firm, corporation, or association a loan of money from any bank or for the purpose of gaining an extension of time for the payment of any debt due the bank shall be punished by a fine of not more than $1,000 or by imprisonment in the county jail for not more than 1 year, or both.