Sec. 220.
Any person who willfully and knowingly makes any false statement in writing of his or her
property valuation, real or personal, or both, or of his or her indebtedness, for the purpose of
obtaining credit from any person, company, co-partnership, association, or corporation, is
guilty of a misdemeanor punishable by imprisonment for not more than 1 year or a fine of not
more than $1,000.00.§ 750.220Property valuation or indebtedness; false statements
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