{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/6.2-940.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/6.2-940.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/6.2-940.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/6.2-940.html"}],"law_id":62194,"edition_id":1,"section_id":62194,"structure_id":15097,"section_number":"6.2-940","catch_line":"Making derogatory statements affecting banks; penalty","history":"Code 1950, \u00a7 6-132; 1966, c. 584, \u00a7 6.1-119; 1991, c. 710; 2010, c. 794.","full_text":"Any person who willfully and maliciously makes, circulates, or transmits to another any statement, rumor, or suggestion that is directly or by reference derogatory to the financial condition, or affects the solvency or financial standing of, any bank doing business in the Commonwealth, or who counsels, aids, procures, or induces another to start, transmit, or circulate any such statement or rumor, is guilty of a Class 1 misdemeanor.","order_by":null,"text":{"0":{"id":226839,"text":"Any person who willfully and maliciously makes, circulates, or transmits to another any statement, rumor, or suggestion that is directly or by reference derogatory to the financial condition, or affects the solvency or financial standing of, any bank doing business in the Commonwealth, or who counsels, aids, procures, or induces another to start, transmit, or circulate any such statement or rumor, is guilty of a Class 1 misdemeanor.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":15097,"edition_id":1,"name":"Banking Offenses","identifier":"15","label":"article","depth":4,"order_by":1,"parent_id":13791,"metadata":{},"date_created":"2026-06-26 03:52:07","date_modified":"2026-06-26 03:52:07","permalink":{"id":265307,"object_type":"structure","relational_id":15097,"identifier":"15","token":"6.2\/II\/8\/15","url":"\/6.2\/II\/8\/15\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13791,"edition_id":1,"name":"Banks","identifier":"8","label":"chapter","depth":3,"order_by":1,"parent_id":13000,"metadata":{},"date_created":"2026-06-26 03:45:53","date_modified":"2026-06-26 03:45:53","permalink":{"id":265065,"object_type":"structure","relational_id":13791,"identifier":"8","token":"6.2\/II\/8","url":"\/6.2\/II\/8\/","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":63864,"structure_id":15097,"section_number":"6.2-938","catch_line":"Engaging in banking business without authority; Commission may examine accounts of suspected person; penalty","url":"\/6.2-938\/","token":"6.2\/II\/8\/15\/6.2-938","metadata":false},{"id":63908,"structure_id":15097,"section_number":"6.2-939","catch_line":"Unlawful use of terms indicating that business is bank; penalty","url":"\/6.2-939\/","token":"6.2\/II\/8\/15\/6.2-939","metadata":false},{"id":62194,"structure_id":15097,"section_number":"6.2-940","catch_line":"Making derogatory statements affecting banks; penalty","url":"\/6.2-940\/","token":"6.2\/II\/8\/15\/6.2-940","metadata":false},{"id":57525,"structure_id":15097,"section_number":"6.2-941","catch_line":"Use of bank name, logo, or symbol for marketing purposes; penalty","url":"\/6.2-941\/","token":"6.2\/II\/8\/15\/6.2-941","metadata":false},{"id":57751,"structure_id":15097,"section_number":"6.2-942","catch_line":"False certification of checks; penalty","url":"\/6.2-942\/","token":"6.2\/II\/8\/15\/6.2-942","metadata":false},{"id":82686,"structure_id":15097,"section_number":"6.2-943","catch_line":"Offenses by officer, director, agent, or employee of bank; penalties","url":"\/6.2-943\/","token":"6.2\/II\/8\/15\/6.2-943","metadata":false},{"id":75692,"structure_id":15097,"section_number":"6.2-944","catch_line":"Officers, directors, agents, and employees violating or causing bank to violate laws; civil liability not affected","url":"\/6.2-944\/","token":"6.2\/II\/8\/15\/6.2-944","metadata":false},{"id":76241,"structure_id":15097,"section_number":"6.2-945","catch_line":"Receiving deposit knowing bank to be insolvent; penalty","url":"\/6.2-945\/","token":"6.2\/II\/8\/15\/6.2-945","metadata":false},{"id":71872,"structure_id":15097,"section_number":"6.2-946","catch_line":"Civil penalties for violation of Commission's orders","url":"\/6.2-946\/","token":"6.2\/II\/8\/15\/6.2-946","metadata":false}],"previous_section":{"id":63908,"structure_id":15097,"section_number":"6.2-939","catch_line":"Unlawful use of terms indicating that business is bank; penalty","url":"\/6.2-939\/","token":"6.2\/II\/8\/15\/6.2-939","metadata":false},"next_section":{"id":57525,"structure_id":15097,"section_number":"6.2-941","catch_line":"Use of bank name, logo, or symbol for marketing purposes; penalty","url":"\/6.2-941\/","token":"6.2\/II\/8\/15\/6.2-941","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/6.2-940\/","history_text":"

The record of this law\u2019s original creation isn\u2019t available online. It has been modified 3 times. 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. Those modifications are as follows: in 1966, chapter 584; in 1991, chapter 710; in 2010, chapter 794<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":265317,"object_type":"law","relational_id":62194,"identifier":"6.2-940","token":"6.2\/II\/8\/15\/6.2-940","url":"\/6.2-940\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/6.2-940\/","token":"6.2\/II\/8\/15\/6.2-940","dublin_core":{"Title":"Making derogatory statements affecting banks; penalty","Type":"Text","Format":"text\/html","Identifier":"\u00a7 6.2-940","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, rumor, or suggestion that is directly or by reference derogatory to the financial condition, or affects the solvency or financial standing of, any bank<\/span> doing business in the Commonwealth, or who counsels<\/span>, aids, procures, or induces another to start, transmit, or circulate any such statement or rumor, is guilty of a Class 1 misdemeanor<\/span>.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nMAKING DEROGATORY STATEMENTS AFFECTING BANKS; PENALTY (\u00a7 6.2-940)\n\nAny person who willfully and maliciously makes, circulates, or transmits to\nanother any statement, rumor, or suggestion that is directly or by reference\nderogatory to the financial condition, or affects the solvency or financial\nstanding of, any bank doing business in the Commonwealth, or who counsels, aids,\nprocures, or induces another to start, transmit, or circulate any such statement\nor rumor, is guilty of a Class 1 misdemeanor.\n\nHISTORY: Code 1950, \u00a7 6-132; 1966, c. 584, \u00a7 6.1-119; 1991, c. 710; 2010, c.\n794.","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}}