BlackletterCalifornia law

Government Code § 5954

CHAPTER 13. Fractional Interest in Local Agency Obligations

Current as of September 28, 2026Gov. Code, § 5954Official source ↗

Amended by Stats. 2011, Ch. 15, Sec. 128. (AB 109) Effective April 4, 2011. Operative October 1, 2011, by Sec. 636 of Ch. 15, as amended by Stats. 2011, Ch. 39, Sec. 68.

Any person who violates this chapter shall upon conviction be fined not more than ten million dollars ($10,000,000), or imprisoned pursuant to subdivision (h) of Section 1170 of the Penal Code for five years, or be punished by both that fine and imprisonment.