§ 65.False Valuation - Penalty
Chapter 2: General Provisions · Last amended January 1, 2026 · Last verified August 3, 2026
Full Text of § 65
Amendment History
Amended by Laws 2025, c. 486,s. 645, eff. 1/1/2026. R.L. 1910, § 5346; Amended by Laws 1997, HB 1213, c. 133, § 130 (effective date amended to July 1, 1999, by Laws 1998, 1st Extr. Sess., HB 1002, c. 2, § § 23 -26, emerg. eff, June 19, 1998).
Note
Laws 1998, 1st Ex.Sess., c. 2, § 23 amended the effective date of Laws 1997, c. 133, § 130 from July 1, 1998, to July 1, 1999.
Plain-English Summary
Section 65 backs up the valuation process in Sections 63 and 64 with criminal penalties. Anyone who willfully makes a false affidavit about the value of real estate offered as a bond, guaranty, or indemnity commits perjury, a Class D3 felony punished as set out in Title 21, Section 20P.
An officer who administers or accepts that affidavit while knowing it's false is guilty of subornation of perjury, also a Class D3 felony carrying the same range of punishment.
Frequently Asked Questions
What happens if someone lies about the value of land offered as a bond?
Willfully making a false valuation affidavit is perjury, a Class D3 felony, punished as provided in subsections B through F of Title 21, Section 20P.
What if the officer knows the valuation affidavit is false but accepts it anyway?
The officer is guilty of subornation of perjury, also a Class D3 felony carrying the same punishment.
Which sections does this penalty back up?
It backs up the valuation affidavit process in Section 64, which itself supports the mortgage-as-bond option in Section 63.
Does the false statement have to be deliberate to count as a crime here?
Yes, the section requires the false affidavit to be made willfully — it targets deliberate falsity, not an honest mistake.