41.620 Application for linked deposit loan -- Effect of false statement. - Kentucky Statutes

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Page 1 of 1 41.620 Application for linked deposit loan -- Effect of false statement. (1) Applications for linked investments shall: (a) Be made on forms of the lending institution which includes a financial statement of the borrower; and (b) Be in accordance with all statutes and administrative regulations pertaining to the link deposit investment program, KRS 41.600 to 41.625. (2) Any person who knowingly makes a false statement concerning an application for a linked investment loan shall be charged with the offense of issuing a false financial
statement, and shall be subject to the penalty provided for the offense in KRS
411.070. Effective: July 15, 1996
History: Amended 1996 Ky. Acts ch. 208, sec. 8, effective July 15, 1996. -- Created 1994 Ky. Acts ch. 276, sec. 5, effective July 15, 1994.