190.55 - Making a false statement of credit terms.

§ 190.55 Making a false statement of credit terms.    A person is guilty of making a false statement of credit terms when he  knowingly  and  willfully  violates the provisions of chapter two of the  act of congress entitled "Truth in  Lending  Act"  and  the  regulations  thereunder,  as  such  act  and  regulations  may  from  time to time be  amended, by understating or failing to state the interest rate  required  to  be  disclosed,  or  by  failing  to  make  or  by  making a false or  inaccurate or incomplete statement of other credit terms in violation of  such act.    Making a false statement of credit terms is a class A misdemeanor.