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Pennsylvania Consolidated Statutes (Last Updated: January 27, 2015) |
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Title15 CORPORATIONS AND UNINCORPORATED ASSOCIATIONS |
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PARTII. CORPORATIONS |
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SUBPARTD. COOPERATIVE CORPORATIONS |
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ARTICLEA. COOPERATIVE CORPORATIONS GENERALLY |
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CHAPTER71. COOPERATIVE CORPORATIONS GENERALLY |
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SUBCHAPTERC. COOPERATIVE CONTRACTS |
§7125. Action for civil penalty for inducing breach or spreading false reports.
Latest version.
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In addition to the remedies provided in section 7124(b) (relating to relief against third parties), any person who knowingly and maliciously induces or attempts to induce any member of a cooperative corporation to breach a cooperative contract or who knowingly and maliciously spreads any false report about the finances or management of a cooperative corporation shall be liable, in a civil action, to the corporation aggrieved, in the amount of $500 for each offense.