ยง 671. False statements or rumors as to banking institutions. Any
person who wilfully 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 fact and is directly or by inference
derogatory to the financial condition or effects the solvency or
financial standing of any bank, private banker, savings bank, banking
association, building and loan association or trust company 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.
Structure New York Laws
Article 13-D - Misconduct Relating to Banking Organizations
663 - Receiving Deposits in Insolvent Bank.
664 - Unlawful Investments by Officers of Mutual Savings Banks.
665 - Misconduct by Directors of Banking Corporations.
666-A - Loans to Be Guaranteed by New York State Higher Education Assistance Corporation.
668 - Use of Checks With Certain Photographs or Drawings Reproduced Thereon Prohibited.
669 - Unauthorized Use of the Term "Bank" or "Trust company."
671 - False Statements or Rumors as to Banking Institutions.