Statute · California Financial Code
Cal. Fin. Code § 5305 — Penalties
Cal. Fin. Code § 5305
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Date
- 2011-04-04
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Any institution-affiliated party who abstracts or willfully misapplies any of the money, funds, or property of the savings association, or willfully misapplies its credit, is guilty of a felony and shall be punished by a fine of not more than one million dollars ($1,000,000), by imprisonment…
Citator
Cal. Fin. Code § 5305 — Penalties is in force in the current edition of the Code, and nothing recorded condemns it.
Any institution-affiliated party who abstracts or willfully misapplies any of the money, funds, or property of the savings association, or willfully misapplies its credit, is guilty of a felony and shall be punished by a fine of not more than one million dollars ($1,000,000), by imprisonment pursuant to subdivision (h) of Section 1170 of the Penal Code for 2, 3, or 4 years, or by both that fine and imprisonment. However, if the amount abstracted or willfully misapplied does not exceed two hundred fifty dollars ($250), the offense shall instead be punishable by a fine of not more than one thousand dollars ($1,000), by imprisonment in a county jail for not more than one year, or pursuant to subdivision (h) of Section 1170 of the Penal Code, or by both that fine and imprisonment.