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This entry was published on 2014-09-22
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False statements or rumors as to banking institutions
§ 671. False statements or rumors as to banking institutions. Any
person who wilfully and knowingly makes, circulates or transmits to
another or others any statement or rumor, written, printed or by word of
mouth, which is untrue in fact and is directly or by inference
derogatory to the financial condition or effects the solvency or
financial standing of any bank, private banker, savings bank, banking
association, building and loan association or trust company doing
business in this state, or who knowingly counsels, aids, procures or
induces another to start, transmit or circulate any such statement or
rumor, is guilty of a misdemeanor.