West Virginia Code § 31A-8-8

False statements concerning banking institutions
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Whoever, directly or indirectly, wilfully and knowingly makes or transmits to another, or
circulates, or counsels, aids, procures, or induces another to make, transmit or circulate, any
false or untrue statement, rumor or suggestion derogatory to the financial condition,
solvency or financial standing of any banking institution, or with intent to depress the value
of the stocks, bonds or securities of any such banking institution, directly ore indirectly,
wilfully and knowingly makes or transmits to another, circulates or counsels, aids, procures
or induces another to make, transmit or circulate any false or untrue stratement, rumor or
suggestion derogatory to the financial condition, or with respect to the earnings or
management of the business of any banking institution or resorts to any fraudulent means
with intent to depress in value the stocks, bonds or securities of any banking institution,
shall be guilty of a misdemeanor and, subject to the penaltiets provided in section fifteen of
this article.

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