# COMAR Title 34 — Department of Planning

## Subtitle 04 — Historical and Cultural Programs

### Chapter 02 — Maryland Historical Trust Historic Preservation Loan Program

#### Regulation .13 False Statements.

*COMAR 34.04.02.13*

A. A person may not knowingly make or cause to be made any material misstatement of fact, including an understatement or overstatement of financial condition, in a statement or report in or regarding an application for a loan or transfer or affecting a loan or transfer already made.

B. A person who violates any provision of this regulation is:

  (1) Guilty of a misdemeanor and on conviction is subject to a fine not exceeding $5,000 or imprisonment not exceeding 2 years, or both; and

  (2) Subject to immediate:

    (a) Cancellation and acceleration of the loan; or

    (b) Revocation of the transfer and the requirement to reimburse the transfer.