N.Y. General Business Law 339 – Reporting or publishing fictitious transactions in securities
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§ 339. Reporting or publishing fictitious transactions in securities. A person who, with intent to deceive, reports or publishes, or causes to be reported or published as a purchase or sale of the stocks, bonds or other evidences of debt of a corporation, company or association, any transaction therein, whereby no actual change of ownership or interest is effected, is guilty of a misdemeanor.
Terms Used In N.Y. General Business Law 339
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.