Rhode Island General Laws

R.I. Gen. Laws § 19-9-28 (2026)

False statement to obtain loan

✓ current as of July 2026
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Any person who knowingly makes a false statement to any regulated institution, licensee or other depository respecting the financial condition of any person, firm, or corporation for the purpose of obtaining a loan from that regulated institution, licensee, or other depository, whether for that person’s own use or for the use of any other person, firm, or corporation, shall be punished by imprisonment for not less than six (6) months nor more than five (5) years.