Tennessee Code 45-3-1311 – Defamation of business reputation
Current as of: 2024 | Check for updates
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Attorney's Note
Under the Tennessee Code, punishments for crimes depend on the classification. In the case of this section:| Class | Prison | Fine |
|---|---|---|
| class B misdemeanor | up to 6 months | up to $500 |
Terms Used In Tennessee Code 45-3-1311
- Association: means a capital stock or mutual savings and loan association. See Tennessee Code 45-3-104
- Federal association: means a savings and loan association operating under the laws and regulations of the United States. See Tennessee Code 45-3-104
- Financial institution: means a thrift institution, commercial bank, or trust company. See Tennessee Code 45-3-104
- Person: means an individual, firm, partnership, joint venture, trust, estate, unincorporated association, company, or corporation organized under the laws of this or any other state, the United States or foreign country. See Tennessee Code 45-3-104
- State: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105
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.