Tex. Finance Code § 62.561
This is the official text of Tex. Finance Code § 62.561, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 62.561. CRIMINAL PENALTY.
Official statutory text
(a) A person commits an offense if the person intentionally makes a materially false or misleading statement to the commissioner with respect to the information required by this subchapter.
(b) An offense under this section is a misdemeanor punishable by:
(1) a fine in an amount not to exceed $2,000;
(2) confinement in county jail for a period not to exceed one year; or
(3) both the fine and confinement.
(b) An offense under this section is a misdemeanor punishable by:
(1) a fine in an amount not to exceed $2,000;
(2) confinement in county jail for a period not to exceed one year; or
(3) both the fine and confinement.
Status: in_force · Read it on the official government site
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