76-16-403. Fraudulent practice to affect market price.
(1) Terms defined in Sections,, andapply to this section. 76-1-101.5 76-16-101 76-16-401
(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 Subsectionis: (2) a class B misdemeanor; and subject to a fine of not less than $500 and no more than $4,000 for each offense.