§ 7125. Action for civil penalty for inducing breach or spreading false reports.
In addition to the remedies provided in section 7124(b) (relating to relief against third parties), any person who knowingly and maliciously induces or attempts to induce any member of a cooperative corporation to breach a cooperative contract or who knowingly and maliciously spreads any false report about the finances or management of a cooperative corporation shall be liable, in a civil action, to the corporation aggrieved, in the amount of $500 for each offense.
Section: Previous 7101 7102 7103 7104 7105 7106 7107 7111 7112 7121 7122 7123 7124 7125Last modified: October 8, 2016