Section 5-37-205 - Issuing a false financial statement(a) A person commits the offense of issuing a false financial statement if, with purpose to defraud or injure, the person: (1) Makes or delivers a written instrument that describes his or her or another person's financial condition or ability to pay, knowing the written instrument is inaccurate in some material respect; or(2) Represents in writing that a written instrument that describes a person's financial condition or ability to pay is accurate with respect to that person's financial condition or ability to pay, knowing the written instrument is inaccurate in some material respect.(b) Issuing a false financial statement is a Class A misdemeanor.Acts 1975, No. 280, § 2306; A.S.A. 1947, § 41-2306.