It is a Class B misdemeanor for any person to knowingly make, utter, circulate, or transmit to any other person or persons, any statement untrue in fact, derogatory to the financial condition of any association subject to this chapter, or any federal association in this state, with intent to injure the financial institution, or who shall counsel, aid, procure, or induce another to originate, make, utter, transmit, or circulate the untrue statement, with like intent.
Tenn. Code Ann. § 45-3-1311
Defamation of business reputation
Known as the Tennessee Savings and Loan Act
The act spans §§ 45-3-1001 to 45-3-901 (137 sections).
Acts 1978, ch. 708, § 5.15; T.C.A., § 45-1715.
Current official text: Tennessee Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Tennessee statutes; confirm against the official source for the current text. Not legal advice.