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New York · Through 2026-09-11

N.Y. Penal Law § 190.55: Making a false statement of credit terms

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Where this section sits in the code
  1. Penal Law
  2. Part 3. Specific Offenses
  3. Title K. Offenses Involving Fraud
  4. Article 190. Other Frauds

§ 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.

Collected 2026-09-14T19:32:45Z. Source file · JSON

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