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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>77762</law_id><section_number>6.2-1104</section_number><catch_line>False statements and similar actions prohibited; penalty</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><structure><unit label="title" level="1" order_by="1" identifier="6.2">Financial Institutions and Services</unit><unit label="subtitle" level="2" order_by="1" identifier="II">Depository Institutions and Trust Organizations</unit><unit label="chapter" level="3" order_by="1" identifier="11">Savings Institutions</unit><unit label="article" level="4" order_by="1" identifier="1">General Provisions</unit></structure><text>
						<section><p>Any <span class="dictionary">person</span> 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 <span class="dictionary">savings institution</span> 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 <span class="dictionary">misdemeanor</span>.</p></section></text><history>1985, c. 425, &#xA7; 6.1-194.93; 1986, c. 509; 2010, c. 794.</history><metadata></metadata></law>
