(1) Terms defined in Sections 76-1-101.5, 76-16-101, and 76-16-301 apply to this section.
(2) An actor commits selling, trafficking, or withholding an article bearing a registered trademark or service mark with intent to defraud if the actor, without the consent of the owner of an article that bears the owner's validly registered trademark or service mark, and with the intent to defraud the owner of the article, knowingly:
(a) sells or traffics the article; or
(b) withholds the article from the article's owner.
(3) A violation of Subsection (2) is a class B misdemeanor.