United States — Utah Act or statute

United States — Utah legislation

Utah Code § 7-1-801

A person may not knowingly make, circulate, transmit, or help spread false statements or rumors that are derogatory to a depository institution’s financial condition; doing so is a class B misdemeanor.

depository institutionsfalse statementsfinancial institutionsfinancial reportingmisdemeanor

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01

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“A person may not knowingly make, circulate, transmit, or help spread false statements or rumors that are derogatory to a depository institution’s financial condition; doing so is a class B misdemeanor.”

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Subsection 7-1-801(1)

A person must not willfully and knowingly spread, transmit, or help spread a false statement or rumor that harms the financial condition or standing of a depository institution.

Section 7-1-801(1)

Subsection 7-1-801(2)

Subsection (1) does not apply to the exchange of information between personnel of the department and the personnel of other regulatory and deposit insurance agencies in the discharge of regulatory duties, which communications are

Section 7-1-801(2)

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Source record from le.utah.gov · Legal dates not recorded

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Showing 3 of 3 provisions

Provision 3

Part 7-1-8

part 7-1-8 Miscellaneous

§ 7-1-801False statement derogatory to financial condition of depository institution a misdemeanor -- Exemptions.Provision

A person may not knowingly make, circulate, transmit, or help spread false statements or rumors that are derogatory to a depository institution’s financial condition; doing so is a class B misdemeanor.

False statement derogatory to financial condition of depository institution a misdemeanor -- Exemptions. Any person who willfully and knowingly makes or circulates or transmits to another 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 standing of any depository institution, or who knowingly counsels, aids, procures, or induces another to state, transmit, or circulate any such statement or rumor, is guilty of a class B misdemeanor. Subsection (1) does not apply to the exchange of information between personnel of the department and the personnel of other regulatory and deposit insurance agencies in the discharge of regulatory duties, which communications are considered absolutely privileged.
Section 7-1-801Verify source
§ 7-1-801(1)Subsection 7-1-801(1)Provision

A person must not willfully and knowingly spread, transmit, or help spread a false statement or rumor that harms the financial condition or standing of a depository institution.

Any person who willfully and knowingly makes or circulates or transmits to another 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 standing of any depository institution, or who knowingly counsels, aids, procures, or induces another to state, transmit, or circulate any such statement or rumor, is guilty of a class B misdemeanor.
Section 7-1-801(1)Verify source
§ 7-1-801(2)Subsection 7-1-801(2)Provision

Subsection (1) does not apply to the exchange of information between personnel of the department and the personnel of other regulatory and deposit insurance agencies in the discharge of regulatory duties, which communications are

Subsection (1) does not apply to the exchange of information between personnel of the department and the personnel of other regulatory and deposit insurance agencies in the discharge of regulatory duties, which communications are considered absolutely privileged.
Section 7-1-801(2)Verify source

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