(a) A person commits an offense if the person:
(1) knowingly makes, utters, circulates, or transmits to another person a statement that is untrue and derogatory to the financial condition of an association; or
(2) with intent to injure an association counsels, aids, procures, or induces another person to originate, make, utter, transmit, or circulate a statement or rumor that is untrue and derogatory to the financial condition of the association.
(b) An offense under Subsection (a) is a state jail felony.
Official text of the Texas Finance Code as published by the Texas Legislative Council.