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Md. Code Ann., Econ. Dev. § 5-463

Known as the Maryland Industrial Development Financing Authority Act

The act spans §§ 5-401 to 5-466 (53 sections).

(a) A person may not knowingly make or cause a false statement or report to be made in an application or document submitted to the Authority.

(b) A person may not knowingly make or cause a false statement or report to be made to influence an action of the Authority:

(1) on an application for financial assistance under this subtitle; or

(2) affecting financial assistance sought or awarded under this subtitle.

(c) A person who violates this section is guilty of a misdemeanor and on conviction is subject to imprisonment not exceeding 5 years or a fine not exceeding $50,000 or both.

(d) A person who violates this section is subject to § 5-106(b) of the Courts Article.

Official source: Maryland General Assembly. Reproduced from public-domain Maryland statutes; confirm against the official source for the current text. Not legal advice.