18A:71C-7 - Falsely securing federal loan a misdemeanor; penalty

18A:71C-7  Falsely securing federal loan a misdemeanor; penalty.

18A:71C-7.  Falsely Securing Federal Loan a Misdemeanor; Penalty.

Any person who, having obtained a federal loan under this act, solicits, applies for, or accepts another such loan, except as specifically authorized in this act, and any person who knowingly or willfully furnishes any false or misleading information for the purpose of obtaining a loan, or of enabling another to obtain a loan, under this act, shall be guilty of a crime of the fourth degree.

L.1999,c.46,s.1.