Cal. Fin. Code § 1335

Current through the 2023 Legislative Session.
Section 1335 - Loan or discount to director in amount exceeding amount allowed by statutes

A director of a bank, organized under the laws of this state, who concurs in any vote or act of the directors of such corporation, or any of them, by which it is intended to make a loan or discount to any director of such corporation, or upon paper upon which any such director is liable or responsible to an amount exceeding the amount allowed by the statutes is guilty of a misdemeanor.

Ca. Fin. Code § 1335

Added by Stats 2012 ch 243 (SB 664),s 3, eff. 1/1/2012.