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2019 California Code
Financial Code - FIN
DIVISION 5 - CREDIT UNIONS
CHAPTER 1 - General Provisions
ARTICLE 2 - General
Section 14051.
Universal Citation:
CA Fin Code § 14051 (2019)
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14051.
Any person who willfully 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 facts and is directly or by inference derogatory to the financial condition or affects the solvency or financial standing of any credit union 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 and shall be punished by a fine of not more than one thousand dollars ($1,000) or by imprisonment for not more than one year, or both.
(Added by Stats. 1979, Ch. 112.)
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