False statements and similar actions prohibited; penalty

Va. Code Ann. § 6.2-1104
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
Any person who knowingly makes or causes to be made, directly or indirectly, or through any agency, any false statement or report, or willfully overvalues any land, property, or security, for the purpose of influencing in any way the action of any savings institution upon any application, advance, discount, purchase or repurchase agreement, commitment, or loan or any change or extension thereof, by renewal, deferment of action or otherwise, or the acceptance, release, or substitution of security therefor, is guilty of a Class 1 misdemeanor. 1985, c. 425, § 6.1-194.93; 1986, c. 509; 2010, c. 794 .
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://law.lis.virginia.gov/vacode/6.2-1104/Fetched: 10/17/2026