{"data":{"id":"us-md/md.-code-criminal-law-8-402","jurisdiction":"us-md","citation":"Md. Code, Criminal Law § 8–402","heading":"","body":"(a) With intent to defraud, an officer or agent of a corporation may not sign, or in any manner assent to, a statement to or a publication for the public or the shareholders that contains false representations of the corporation’s assets, liabilities, or affairs, to:\n(1) enhance or depress the market value of the corporation’s shares or obligations; or\n(2) commit fraud in another manner.\n(b) A person who violates this section is guilty of a misdemeanor and on conviction is subject to imprisonment not less than 6 months and not exceeding 3 years or a fine not less than $1,000 and not exceeding $10,000 or both.\n(c) A person who violates this section is subject to § 5-106(b) of the Courts Article.","path":["Article - Criminal Law"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gcr\u0026section=8-402","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:57:08Z","sha256":"b14fc84b8527830e51b32b6f932b5b21ab3bd0326cab4970af3284e71705b887","source_id":"us-md","stale":false,"prev":"us-md/md.-code-criminal-law-8-401","next":"us-md/md.-code-criminal-law-8-403"},"notice":"GroundRules: Original legal text. Not legal advice."}