Texas Statutes (Last Updated: January 4, 2014) |
FINANCE CODE |
Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES |
Subtitle D. CREDIT UNIONS |
Chapter 122. ORGANIZATIONAL AND FINANCIAL REQUIREMENTS |
Subchapter F. MISCONDUCT AND ENFORCEMENT |
Sec. 122.251. DEFAMATION
Latest version.
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(a) A person commits an offense if the person knowingly:
(1) makes, circulates, or transmits to another person a false statement that is derogatory to the financial condition of a credit union with the intent to injure that credit union; or
(2) counsels, aids, procures, or induces another person to make, circulate, or transmit a false statement that is derogatory to the financial condition of a credit union with the intent to injure that credit union.
(b) An offense under this section is a third degree felony.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.