Insurance Law 5224 — Legislation
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SECTION 5222
Examination of corporation
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SECTION 5225
Exemption from taxation
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SECTION 5224
Penalty for false statements
Insurance (ISC) CHAPTER 28, ARTICLE 52
§ 5224. Penalty for false statements. Any person and any agent or
employee of a person, who knowingly files with the corporation any
document required under this article, which is false or contains any
material misstatement of fact shall be guilty of a misdemeanor and upon
conviction therof shall be subject to a fine of not less than five
hundred dollars, nor more than twenty-five hundred dollars, or
imprisonment for not more than thirty days.