SOX Section 302 — Corporate Responsibility for Financial Reports
Enforced by: SEC
Current as of July 30, 2002
Plain Language Summary
CEO and CFO must personally certify every quarterly and annual report. False certification: up to 10 years (negligent) or 20 years (willful) in prison.
The principal executive officer or officers and the principal financial officer or officers of each issuer shall certify in each annual or quarterly report that they have reviewed the report; it does not contain any untrue statement of a material fact; the financial statements fairly present in all material respects the financial condition and results of operations; and that they have disclosed any material weaknesses in internal controls.