{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/6.2-1305.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/6.2-1305.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/6.2-1305.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/6.2-1305.html"}],"law_id":58923,"edition_id":1,"section_id":58923,"structure_id":15468,"section_number":"6.2-1305","catch_line":"Making or circulating derogatory statements affecting credit unions; penalty","history":"1991, c. 170, \u00a7 6.1-225.64; 2010, c. 794.","full_text":"Any person who willfully and maliciously makes, circulates, or transmits to another any statement or rumor that is untrue in facts and is directly or by inference derogatory to the financial condition or affects the solvency or financial standing of any credit union doing business in the Commonwealth, or who knowingly counsels, aids, procures, or induces another to start, transmit, or circulate any such statement or rumor, is guilty of a Class 3 misdemeanor.","order_by":null,"text":{"0":{"id":216035,"text":"Any person who willfully and maliciously makes, circulates, or transmits to another any statement or rumor that is untrue in facts and is directly or by inference derogatory to the financial condition or affects the solvency or financial standing of any credit union doing business in the Commonwealth, or who knowingly counsels, aids, procures, or induces another to start, transmit, or circulate any such statement or rumor, is guilty of a Class 3 misdemeanor.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":15468,"edition_id":1,"name":"General Provisions","identifier":"1","label":"article","depth":4,"order_by":1,"parent_id":13635,"metadata":{},"date_created":"2026-06-26 03:55:16","date_modified":"2026-06-26 03:55:16","permalink":{"id":264547,"object_type":"structure","relational_id":15468,"identifier":"1","token":"6.2\/II\/13\/1","url":"\/6.2\/II\/13\/1\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13635,"edition_id":1,"name":"Credit Unions","identifier":"13","label":"chapter","depth":3,"order_by":1,"parent_id":13000,"metadata":{},"date_created":"2026-06-26 03:45:26","date_modified":"2026-06-26 03:45:26","permalink":{"id":264545,"object_type":"structure","relational_id":13635,"identifier":"13","token":"6.2\/II\/13","url":"\/6.2\/II\/13\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13000,"edition_id":1,"name":"Depository Institutions and Trust Organizations","identifier":"II","label":"subtitle","depth":2,"order_by":1,"parent_id":12852,"metadata":{},"date_created":"2026-06-26 03:44:07","date_modified":"2026-06-26 03:44:07","permalink":{"id":263685,"object_type":"structure","relational_id":13000,"identifier":"II","token":"6.2\/II","url":"\/6.2\/II\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12852,"edition_id":1,"name":"Financial Institutions and Services","identifier":"6.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:56","date_modified":"2026-06-26 03:43:56","permalink":{"id":263249,"object_type":"structure","relational_id":12852,"identifier":"6.2","token":"6.2","url":"\/6.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":84320,"structure_id":15468,"section_number":"6.2-1300","catch_line":"Definitions","url":"\/6.2-1300\/","token":"6.2\/II\/13\/1\/6.2-1300","metadata":false},{"id":79389,"structure_id":15468,"section_number":"6.2-1301","catch_line":"Effect of ownership of a share account","url":"\/6.2-1301\/","token":"6.2\/II\/13\/1\/6.2-1301","metadata":false},{"id":85919,"structure_id":15468,"section_number":"6.2-1302","catch_line":"Powers","url":"\/6.2-1302\/","token":"6.2\/II\/13\/1\/6.2-1302","metadata":false},{"id":83576,"structure_id":15468,"section_number":"6.2-1302.1","catch_line":"Virtual currency custody services","url":"\/6.2-1302.1\/","token":"6.2\/II\/13\/1\/6.2-1302.1","metadata":false},{"id":66827,"structure_id":15468,"section_number":"6.2-1303","catch_line":"Regulations","url":"\/6.2-1303\/","token":"6.2\/II\/13\/1\/6.2-1303","metadata":false},{"id":74426,"structure_id":15468,"section_number":"6.2-1304","catch_line":"Franchise tax exemption","url":"\/6.2-1304\/","token":"6.2\/II\/13\/1\/6.2-1304","metadata":false},{"id":58923,"structure_id":15468,"section_number":"6.2-1305","catch_line":"Making or circulating derogatory statements affecting credit unions; penalty","url":"\/6.2-1305\/","token":"6.2\/II\/13\/1\/6.2-1305","metadata":false},{"id":78451,"structure_id":15468,"section_number":"6.2-1306","catch_line":"Unlawful use of words \"credit union.\"","url":"\/6.2-1306\/","token":"6.2\/II\/13\/1\/6.2-1306","metadata":false},{"id":74777,"structure_id":15468,"section_number":"6.2-1307","catch_line":"Use of credit union name, logo, or symbol for marketing purposes; penalty","url":"\/6.2-1307\/","token":"6.2\/II\/13\/1\/6.2-1307","metadata":false}],"previous_section":{"id":74426,"structure_id":15468,"section_number":"6.2-1304","catch_line":"Franchise tax exemption","url":"\/6.2-1304\/","token":"6.2\/II\/13\/1\/6.2-1304","metadata":false},"next_section":{"id":78451,"structure_id":15468,"section_number":"6.2-1306","catch_line":"Unlawful use of words \"credit union.\"","url":"\/6.2-1306\/","token":"6.2\/II\/13\/1\/6.2-1306","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/6.2-1305\/","history_text":"

This law was first created in 1991. The record of its establishment is cataloged in chapter 170 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1991 \u201cActs\u201d aren\u2019t available online. It has been modified 1 time. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. That modification is as follows: in 2010, chapter 794<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":264573,"object_type":"law","relational_id":58923,"identifier":"6.2-1305","token":"6.2\/II\/13\/1\/6.2-1305","url":"\/6.2-1305\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/6.2-1305\/","token":"6.2\/II\/13\/1\/6.2-1305","dublin_core":{"Title":"Making or circulating derogatory statements affecting credit unions; penalty","Type":"Text","Format":"text\/html","Identifier":"\u00a7 6.2-1305","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

Any person<\/span> who willfully and maliciously makes, circulates, or transmits to another any statement or rumor that is untrue in facts<\/span> and is directly or by inference derogatory to the financial condition or affects the solvency or financial standing of any credit union<\/span> doing business in the Commonwealth, or who knowingly counsels<\/span>, aids, procures, or induces another to start, transmit, or circulate any such statement or rumor, is guilty of a Class 3 misdemeanor<\/span>.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nMAKING OR CIRCULATING DEROGATORY STATEMENTS AFFECTING CREDIT UNIONS; PENALTY (\u00a7\n6.2-1305)\n\nAny person who willfully and maliciously makes, circulates, or transmits to\nanother any statement or rumor that is untrue in facts and is directly or by\ninference derogatory to the financial condition or affects the solvency or\nfinancial standing of any credit union doing business in the Commonwealth, or\nwho knowingly counsels, aids, procures, or induces another to start, transmit,\nor circulate any such statement or rumor, is guilty of a Class 3 misdemeanor.\n\nHISTORY: 1991, c. 170, \u00a7 6.1-225.64; 2010, c. 794.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}