Financial Code - FIN
DIVISION 2. SAVINGS ASSOCIATION LAW [5000 - 10009]
( Division 2 repealed and added by Stats. 1983, Ch. 1091, Sec. 2. ) CHAPTER 1. Short Title, General Definitions, and General Provisions [5000 - 5330]
( Chapter 1 added by Stats. 1983, Ch. 1091, Sec. 2. ) ARTICLE 4. Penalties [5300 - 5311]
( Article 4 added by Stats. 1987, Ch. 1162, Sec. 4. ) 5306.
Any institution-affiliated party who knowingly executes, or attempts to execute, a scheme or artifice to defraud a savings association or to obtain any of the moneys, funds, credits, assets, securities or other property owned by or under the custody or control of a savings association by means of false or fraudulent pretenses, representations, or promises, shall be punished by a fine of not more than one million dollars ($1,000,000), by imprisonment in state prison for 2, 3, or 4 years, or by both that fine and imprisonment.
(Added by Stats. 1990, Ch. 1118, Sec. 18.)