(1) It is unlawful for any person to knowingly and purposefully:
(a) make any material false statement of facts, statement of accounts, or report to the department; or
(b) make any false entries in the books of the mutual association.
(2) It is unlawful for any person to knowingly exhibit false documents with the intent to deceive any person authorized to examine a mutual association.
(3) Violations of this section are punishable as provided in 32-2-608.