California Financial Code

§ 1861

FIN § 1861 Effective Jan 1, 2012Div. 1.1 · Ch. 21 · Art. 1

Statute text

It shall be unlawful for any director, officer, agent, or employee of any corporation to use or to conspire to use the credit, the funds, or the power of the corporation to fix or control the price of any commodities, and any person violating this section shall be punished by a fine of not less than two thousand dollars ($2,000) nor more than ten thousand dollars ($10,000), imprisonment in a county jail for not more than one year, imprisonment pursuant to subdivision (h) of Section 1170 of the Penal Code, or by both that fine and imprisonment, in the discretion of the court.

Legislative history

Added by Stats. 2011, Ch. 243, Sec. 13. (SB 664) Effective January 1, 2012.