Md. Code Regs. 05.05.05.29

Current through Register Vol. 51, No. 24, December 2, 2024
Section 05.05.05.29 - False Statements

A sponsor that knowingly makes or causes to be made a false statement or report, whether in the nature of an understatement or overstatement of financial condition or any other fact material to the Department's action, is subject to immediate acceleration of the loan, in addition to the criminal penalties authorized by Housing and Community Development Article, § 4-1209, Annotated Code of Maryland.

Md. Code Regs. 05.05.05.29

Regulations .29 adopted effective December 15, 2008 (35:25 Md. R. 2150)