Tennessee § 39-14-120 - Issuing false financial statement.
Full text of Tennessee Tennessee Code Annotated § 39-14-120 — Issuing false financial statement., with citation guidance and answers to common questions.
§ 39-14-120. Issuing false financial statement.
A person commits the crime of issuing a false financial statement who, with intent to defraud: Knowingly makes or utters a written instrument which purports to describe the financial condition or ability of the person or some other person to pay and which is inaccurate in some material respect; or Represents in writing that a written instrument purporting to describe a person's financial condition or ability to pay is accurate with respect to that person's current financial condition or ability to pay, knowing or having reason to believe the instrument to be materially inaccurate in that respect. Issuing a false financial statement is a Class B misdemeanor. Acts 1989, ch. 591, § 1. Sentencing Commission Comments. This offense is designed to promote the integrity of business decisions by encouraging accurate financial statements. This section punishes the making or adoption of an inaccurate financial statement with the intent to defraud. Detrimental reliance is not necessary for this offense. Compiler's Notes. The sentencing commission terminated June 30, 1995. Sentencing Commission Comments have been retained, but do not reflect 1995 or subsequent legislation. Cross-References. Penalty for Class B misdemeanor, § 40-35-111 .
Frequently Asked Questions About Tennessee § 39-14-120
What does Tennessee Code Annotated § 39-14-120 cover?
Section 39-14-120 ("Issuing false financial statement.") is part of the Tennessee Code Annotated, the codified statutory law of Tennessee. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Tennessee § 39-14-120?
A common citation format is "Tennessee Code Annotated § 39-14-120" (Tennessee). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Tennessee law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Tennessee official source linked on this page or consult a licensed Tennessee attorney.
How does Tennessee § 39-14-120 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Tennessee can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Tennessee.