Section 95. Liability for false statements in certificate

If  the
  certificate contains a false statement, one who suffers loss by reliance
  on such statement may hold liable any party to the certificate who  knew
  the statement to be false
    (a) At the time he signed the certificate, or
    (b)  Subsequently,  but  within a sufficient time before the statement
  was relied upon to enable him to cancel or amend the certificate, or  to
  file a petition for its cancellation or amendment as provided in section
  one hundred and fourteen of this article.