(A) A person is guilty of issuing a false financial statement when, with intent to defraud, he or she:
(1) Knowingly makes or utters a written instrument which purports to describe the financial condition or ability to pay of himself or of some other person 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 as of a prior date is accurate with respect to that person’s financial condition or ability to pay, knowing the instrument to be materially inaccurate in that respect.
(B) Issuing a false financial statement is a Class A misdemeanor.
(KRS 517.090) (1980 Code, § 1020.7-9)