(1) Terms defined in Sections 76-1-101.5 , 76-16-101 , and 76-16-401 apply to this section. (2) An actor commits fraudulent practice to affect market price if the actor willfully makes or publishes a false statement, spreads a false rumor, or employs any other false or fraudulent means or device, with the intent to affect the market price of any kind of property. (3) A violation of Subsection (2) is: (a) a class B misdemeanor; and (b) subject to a fine of not less than $500 and no more than $4,000 for each offense. Renumbered and
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