# Economic Development (GEC)

## Title 5. Economic Development and Financial Assistance Programs

### Subtitle 2. Maryland Economic Adjustment Fund

#### Section 5-209

(a) A person may not knowingly make or cause to be made a false statement or report:

  (1) in an application or document provided to the Department; or

  (2) to influence Department action affecting financial assistance, whether or not the assistance already has been extended.

(b) A person who violates this section is guilty of a misdemeanor and on conviction is subject to imprisonment not exceeding 5 years or a fine not exceeding $50,000 or both.

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Md. Code Ann., Econ. Dev. (as displayed at mgaleg.maryland.gov, October 16, 2026)