(a) A person commits an offense if the person knowingly presents for filing or causes
to be presented for filing a financing statement that the person knows:
(1) is forged;
(2) contains a material false statement; or
(3) is groundless.
(b) An offense under Subsection (a)(1) is a felony of the third degree, unless it
is shown on the trial of the offense that the person had previously been convicted
under this section on two or more occasions, in which event the offense is a felony
of the second degree. An offense under Subsection (a)(2) or (a)(3) is a Class A misdemeanor, unless the
person commits the offense with the intent to defraud or harm another, in which event
the offense is a state jail felony.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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