Any person who knowingly makes, utters, circulates or transmits to another, or others, any statement untrue in fact, derogatory to the financial condition of any association subject to the Savings and Loan Act or any federal association in this state with intent to injure the financial institution, or who counsels, aids, procures or induces another to originate, make, utter, transmit or circulate any such statement with like intent, is guilty of a fourth degree felony.
§ 58-10-93 NMSA 1978
Slander; felony
Known as the Savings and Loan Act
The act spans §§ 58-10-1 to 58-10-99 (111 sections).
1953 Comp., § 48-15-134, enacted by Laws 1967, ch. 61, § 90.
Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.