Code of Virginia - Title 6.1 Banking And Finance - Section 6.1-194.94 Defamation of savings institutions and certain federal agencies prohibited

§ 6.1-194.94. Defamation of savings institutions and certain federal agencies prohibited

Whoever willfully and knowingly makes, issues, circulates, transmits or causes or knowingly permits to be made, issued, circulated, or transmitted, any statement or rumor, written, printed, reproduced in any manner, or by word of mouth, which is untrue in fact and is (i) malicious, in that it is calculated to injure reputation or business, and (ii) derogatory to the financial condition or standing of any savings institution or Federal Home Loan Bank shall be guilty of a Class 2 misdemeanor.

(Code 1950, §§ 6-201.52, 6.1-182, 6.1-195.62; 1960, c. 402; 1966, c. 584; 1972, c. 796; 1985, c. 425; 1990, c. 3.)

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Last modified: April 2, 2009