2013 Rhode Island General Laws
Title 19 - Financial institutions
Chapter 19-9 - Community Obligations and Banking Offenses
Section 19-9-29 - Bank fraud.
§ 19-9-29 Bank fraud. – Any person who knowingly makes a false statement to any regulated institution or other depository, or who knowingly executes, or attempts to execute, a scheme or artifice to defraud, or willingly overvalues any land, property or security, for the purpose of influencing in any way the action of that regulated institution or other depository, whether for that person's own use of for the use of any other person, firm, or corporation, in violation of this section, upon conviction thereof, shall be fined not exceeding two hundred fifty thousand dollars ($250,000), or be imprisoned not exceeding fifteen (15) years, or both. For the purposes of this section, the term "scheme or artifice to defraud" includes a scheme or artifice to deprive another of the intangible right of honest services.
History of Section.
(P.L. 1995, ch. 82, § 47.)
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