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New York · Through 2026-09-11

N.Y. Banking Law § 671: False statements or rumors as to banking institutions

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Where this section sits in the code
  1. Banking Law
  2. Article 13-D. Misconduct Relating to Banking Organizations

§ 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.

Collected 2026-09-14T19:32:44Z. Source file · JSON

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