§ 31–2231.08. False statements and entries.

(a) No person shall knowingly file with an insurance regulatory or other public official, knowingly make, publish, disseminate, circulate, or deliver to a person, or place before the public, or knowingly cause directly or indirectly to be made, published, disseminated, circulated, delivered to a person, or placed before the public, a false material statement of fact as to the financial condition of an insurer.

(b) No person shall knowingly:

(1) Make a false entry of a material fact in a book, report, or statement of an insurer;

(2) With intent to deceive an agent of the Commissioner lawfully appointed to examine the insurer’s condition or any of its affairs, fail to make a true entry of any material fact pertaining to the business of an insurer in a book, report, or statement of the insurer; or

(3) Make a false material statement to an insurance department official.