Answer:
False
Step-by-step explanation:
Dissecting the verse;
Proverbs 17:17.
(i) A friend loveth at all times — simply means that: A faithful and hearty friend loves in both time of prosperity and adversity, unlike false friends;
(ii) and a brother — this implies that, a brother is not just by family relation, but by brotherly affection;
(iii) is born for adversity — this means that, a friend with a brotherly affection and love, was sent into the world, among many other godly things, that he might comfort and relieve his brother in his adversity.
Hence, the verse, is simply saying, One should be a friend at all times, but in adversity one should be more than just a friend, but a brother who shares in the burden of his or her friend(s).
Therefore, the interpretation given in the question is FALSE