New York statute
N.Y. Penal Law § 175.45 — Issuing a false financial statement
Current through 2026 legislative session (LBDC text via OpenLegislation as of 2026-07-17)
Part of Article 175: Offenses Involving False Written Statements, New York Penal Law.
Criminal charges under this statute
Full text of N.Y. Penal Law § 175.45
Statutory text current through the 2026 legislative session (LBDC text via OpenLegislation as of 2026-07-17). This publication reproduces the text of the Consolidated Laws of New York as provided by the New York State Senate's Open Legislation service (Legislative Bill Drafting Commission statutory text); it is not the official statutes of the State of New York.
175.45 Issuing a false financial statement.
A person is guilty of issuing a false financial statement when, with
intent to defraud:
1. He knowingly makes or utters a written instrument which purports to
describe the financial condition or ability to pay of some person and
which is inaccurate in some material respect; or
2. He represents in writing that a written instrument purporting to
describe a person's financial condition or ability to pay as of a prior
date is accurate with respect to such person's current financial
condition or ability to pay, whereas he knows it is materially
inaccurate in that respect.
Issuing a false financial statement is a class A misdemeanor.
Official sources
Legal terms used in this section
Questions this section answers
What class of misdemeanor is issuing a false financial statement in New York?
Issuing a false financial statement is a Class A Misdemeanor in New York under N.Y. Penal Law § 175.45.
Which New York statute covers issuing a false financial statement?
Issuing a false financial statement is governed by N.Y. Penal Law § 175.45 (Issuing a false financial statement).
This reference is informational and is not legal advice.