Section 9-508 - False filings of financing statement or amendment.
§ 9-508. False filings of financing statement or amendment.
(a) "Financing statement" defined.- In this section, "financing statement" has the meaning stated in § 9-102 of the Commercial Law Article.
(b) Prohibition.- A person may not file a financing statement or an amendment to a financing statement that the person knows contains false information.
(c) (1) Penalty.- A person who violates this section is guilty of a misdemeanor and on conviction is subject to a fine not exceeding $500.
(2) Each act of filing a financing statement or an amendment to a financing statement is a separate violation.
[2010, ch. 397.]