BlackletterCalifornia law

Financial Code § 1367

ARTICLE 2. Loans to Insiders

Current as of September 28, 2026Fin. Code, § 1367Official source ↗

Added by Stats. 2011, Ch. 243, Sec. 3. (SB 664) Effective January 1, 2012.

Any bank that makes an extension of credit in violation of this article is subject to a civil penalty pursuant to Section 329. Any person, other than the bank making the extension of credit, who knowingly makes or procures an extension of credit in violation of this article is guilty of a felony.