26 USC 6709 - Penalties with respect to mortgage credit certificates

U.S Code last checked for updates: May 18, 2024

§ 6709.

Penalties with respect to mortgage credit certificates

(a)

Negligence

If—

(1)

any person makes a material misstatement in any verified written statement made under penalties of perjury with respect to the issuance of a mortgage credit certificate, and

(2)

such misstatement is due to the negligence of such person,

such person shall pay a penalty of $1,000 for each mortgage credit certificate with respect to which such a misstatement was made.

(b)

Fraud

(c)

Reports

(d)

Mortgage credit certificate

(Added Pub. L. 98–369, div. A, title VI, § 612(d)(1), July 18, 1984, 98 Stat. 912, § 6708; renumbered § 6709, Pub. L. 99–514, title XVIII, § 1862(d)(2), Oct. 22, 1986, 100 Stat. 2884.)

cite as: 26 USC 6709