False statement on license application — Penalty

Ark. Code Ann. § 23-115-903 — under Arkansas Scholarship Lottery Act.

Ark. Code Ann. § 23-115-903

(a) A person shall not knowingly make:(1) A material false statement in an application for a license or proposal to conduct a lottery; or(2) A material false entry in any book or record that is compiled, maintained, or submitted to or for the benefit of the Office of the Arkansas Lottery.

(1) A material false statement in an application for a license or proposal to conduct a lottery; or

(2) A material false entry in any book or record that is compiled, maintained, or submitted to or for the benefit of the Office of the Arkansas Lottery.

(b) (1) A person who violates this section is guilty of a Class D felony.(2) A person convicted for violating subsection (a) of this section is subject to an additional fine of not more than twenty-five thousand dollars ($25,000) or the dollar amount of the material false entry or material false statement, whichever is greater.

(1) A person who violates this section is guilty of a Class D felony.

(2) A person convicted for violating subsection (a) of this section is subject to an additional fine of not more than twenty-five thousand dollars ($25,000) or the dollar amount of the material false entry or material false statement, whichever is greater.