Every director or officer authorizing or consenting to a loan, and the person who receives a loan, in violation of this article are severally guilty of a misdemeanor.
Cal. Health & Safety Code § 8362
Restrictions on Officers
Enacted by Stats. 1939, Ch. 60.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.