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§ 6-902. Untrue statements derogatory to financial condition or standing of credit union

West's Annotated Code of MarylandFinancial Institutions

West's Annotated Code of Maryland
Financial Institutions
Title 6. Credit Unions (Refs & Annos)
Subtitle 9. Prohibited Activities; Penalties
MD Code, Financial Institutions, § 6-902
§ 6-902. Untrue statements derogatory to financial condition or standing of credit union
Currentness
In general
(a) A person may not willfully make, circulate, or send to another person any untrue statement that is derogatory to the financial condition or that affects the solvency or financial standing of any credit union doing business in the State, or counsel, aid, procure, or induce another to make, circulate, or send to another person such a statement.
Fines or imprisonment for violation of section
(b) A person that violates any provision of this section is guilty of a misdemeanor and on conviction is subject to a fine not exceeding $1,000 or imprisonment not exceeding 3 years or both.

Credits

Added as Financial Institutions § 6-310 by Acts 1997, c. 569, § 1, eff. Oct. 1, 1997. Renumbered as Financial Institutions § 6-902 by Acts 2001, c. 147, § 1, eff. Oct. 1, 2001; Acts 2001, c. 148, § 1, eff. Oct. 1, 2001.
MD Code, Financial Institutions, § 6-902, MD FIN INST § 6-902
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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