{"data":{"id":"us-ny/n.y.-penal-law-190.55","jurisdiction":"us-ny","citation":"N.Y. Penal Law § 190.55","heading":"Making a false statement of credit terms","body":"§ 190.55 Making a false statement of credit terms.\n  A person is guilty of making a false statement of credit terms when he\nknowingly and willfully violates the provisions of chapter two of the\nact of congress entitled \"Truth in Lending Act\" and the regulations\nthereunder, as such act and regulations may from time to time be\namended, by understating or failing to state the interest rate required\nto be disclosed, or by failing to make or by making a false or\ninaccurate or incomplete statement of other credit terms in violation of\nsuch act.\n  Making a false statement of credit terms is a class A misdemeanor.","path":["Penal Law","Part 3. Specific Offenses","Title K. Offenses Involving Fraud","Article 190. Other Frauds"],"source_url":"https://legislation.nysenate.gov/api/3/laws/PEN/190.55","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:45Z","sha256":"1a693fba9d2e9568bcc013691266567acbf8e052367869da86e490be04da21db","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-penal-law-190.50","next":"us-ny/n.y.-penal-law-190.60"},"notice":"GroundRules: Original legal text. Not legal advice."}