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N.Y. BNK Law § 671

This is the official text of N.Y. BNK Law § 671, part of New York’s BNK Law — part of the compiled statutory law of New York, published by the state as "BNK Law." Browse the sections below, each linked to its official government source.

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False statements or rumors as to banking institutions

Official statutory text

§ 671. False statements or rumors as to banking institutions. Any\nperson who wilfully and knowingly makes, circulates or transmits to\nanother or others any statement or rumor, written, printed or by word of\nmouth, which is untrue in fact and is directly or by inference\nderogatory to the financial condition or effects the solvency or\nfinancial standing of any bank, private banker, savings bank, banking\nassociation, building and loan association or trust company doing\nbusiness in this state, or who knowingly counsels, aids, procures or\ninduces another to start, transmit or circulate any such statement or\nrumor, is guilty of a misdemeanor.\n

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.