Rhode Island § 19-9-31 § 19-9-31. False rumors as to condition of regulated institution.

Rhode Island Statutes

§ 19-9-31 — § 19-9-31. False rumors as to condition of regulated institution.

Rhode Island § 19-9-31

Title 19Financial institutions

Ch. 19-9Community Obligations and Banking Offenses

This text of Rhode Island § 19-9-31 (§ 19-9-31. False rumors as to condition of regulated institution.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

R.I. Gen. Laws § 19-9-31 (2026).

Text

§ 19-9-31. False rumors as to condition of regulated institution.
Every person who willfully or maliciously instigates, makes, circulates, or transmits
            to another or others any statement, untrue in fact, derogatory to the financial condition
            or affecting the solvency or financial standing of any regulated institution or other
            insured-deposit-taking institution duly organized under the laws of the United States
            doing business in this state, or who counsels, aids, procures, or induces another
            to start, transmit, or circulate any statement or rumor, shall, upon conviction, be
            punished by imprisonment for a term not exceeding one year, or by a fine not 

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§ 19-9-31. False rumors as to condition of regulated institution.

Every person who willfully or maliciously instigates, makes, circulates, or transmits to another or others any statement, untrue in fact, derogatory to the financial condition or affecting the solvency or financial standing of any regulated institution or other insured-deposit-taking institution duly organized under the laws of the United States doing business in this state, or who counsels, aids, procures, or induces another to start, transmit, or circulate any statement or rumor, shall, upon conviction, be punished by imprisonment for a term not exceeding one year, or by a fine not exceeding five hundred dollars ($500), or by both fine and imprisonment.