California · Financial Code
FIN §1323: Any director, officer, or employee of a bank or of a foreign banking corporation who asks for or receives, or consents or agrees to receive, any commission, emolument, or gratuity or any money, proper
What this law says, in plain English
Bank directors, officers, or employees who solicit or accept personal payments or benefits for arranging loans, discounts, overdrafts, or other bank transactions commit a felony.
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This page is legal information, not legal advice. Code text is sourced from official publications and may lag amendments — always confirm at the official source linked above. Plain-English summaries and relationship data are AI-derived and reviewed on an ongoing basis; verify with a licensed attorney before acting.