Section 9-508 - False Filings of Financing Statement or Amendment

(a) In this section, 'financing statement' has the meaning stated in § 9–102 of the Commercial Law Article. (b) A person may not file a financing statement or an amendment to a financing statement that the person knows contains false information. (c) (1) A person who violates this section is guilty of a misdemeanor and on conviction is subject to a fine not exceeding $500. (2) Each act of filing a financing statement or an amendment to a financing statement is a separate violation.