Section 39-14-120 - Issuing false financial statement(a) A person commits the crime of issuing a false financial statement who, with intent to defraud: (1) 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(2) 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.(b) Issuing a false financial statement is a Class B misdemeanor.