Arkansas § 5-37-205 Issuing a false financial statement

Arkansas Statutes

§ 5-37-205 — Issuing a false financial statement

Arkansas § 5-37-205

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This text of Arkansas § 5-37-205 (Issuing a false financial statement) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ark. Code Ann. § 5-37-205 (2026).

Text

(a)A person commits the offense of issuing a false financial statement if, with purpose to defraud or injure, the person:

(1)Makes or delivers a written instrument that describes his or her or another person's financial condition or ability to pay, knowing the written instrument is inaccurate in some material respect; or (2) Represents in writing that a written instrument that describes a person's financial condition or ability to pay is accurate with respect to that person's financial condition or ability to pay, knowing the written instrument is inaccurate in some material respect.

(b)Issuing a false financial statement is a Class A misdemeanor.

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(a) A person commits the offense of issuing a false financial statement if, with purpose to defraud or injure, the person: (1) Makes or delivers a written instrument that describes his or her or another person's financial condition or ability to pay, knowing the written instrument is inaccurate in some material respect; or (2) Represents in writing that a written instrument that describes a person's financial condition or ability to pay is accurate with respect to that person's financial condition or ability to pay, knowing the written instrument is inaccurate in some material respect. (b) Issuing a false financial statement is a Class A misdemeanor.