§ 6:931 — False statements and similar actions prohibited; fine

Louisiana § 6:931

• Jurisdiction: Louisiana
• Title 6: Banks and Banking

Text

Whoever knowingly makes or causes to be made, directly or indirectly, or through any agency whatsoever, any false statement or report, or willfully overvalues any land, property, or security for the purpose of influencing in any way the action of any association or federal association, federal savings bank, or foreign association holding a certificate of authority pursuant to R.S. 6:896, upon any application, advance, discount, purchase or repurchase agreement, commitment or loan or any change or any extension of the same, by renewal, deferment of action or otherwise, or the acceptance, release, or substitution of security therefor, shall be fined not more than five thousand dollars or imprisoned for not more than two years, or both.

Legislative History

Acts 1970, No. 234, §1. Acts 1983, No. 675, §1.