(A) A person may not purposely or knowingly make, circulate, send, cause, aid, procure, or permit to be made, circulated, or sent any false statement about a savings and loan association.
(B) In this section, "false statement" includes any untrue statement or rumor, produced in any manner, that:
(1) Is directly or by inference derogatory to the financial condition of a savings and loan association;
(2) Affects the solvency or financial standing of an association; or
(3) Is calculated to injure the reputation or business of an association.
(C) Any person who violates this section is guilty of a misdemeanor of the first degree.
Effective Date: 05-19-1982
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