{"code":"FIN","codeName":"Financial Code","section":"5306","citation":"Fin. Code, § 5306","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 2. SAVINGS ASSOCIATION LAW [5000. - 10009.]","url":"https://blackletter.si/financial-code/division-2"},{"name":"CHAPTER 1. Short Title, General Definitions, and General Provisions [5000. - 5330.]","url":"https://blackletter.si/financial-code/division-2/chapter-1"},{"name":"ARTICLE 4. Penalties [5300. - 5311.]","url":"https://blackletter.si/financial-code/division-2/chapter-1/article-4"}],"history":"Added by Stats. 1990, Ch. 1118, Sec. 18.","effective":null,"html":"<p>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.</p>","text":"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.","otherVersions":[],"url":"https://blackletter.si/financial-code/penalties-5306","source":"California Legislative Information bulk export (pubinfo)"}