§ 142.6 - What does the phrase “know or have reason to know” mean?

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A person knows or has reason to know (that a claim or statement is false) if the person:

Has actual knowledge that the claim or statement is false, fictitious, or fraudulent; or

Acts in deliberate ignorance of the truth or falsity of the claim or statement; or

Acts in reckless disregard of the truth or falsity of the claim or statement.