California · Financial Code

FIN §18415.6: Any officer, agent, employee, director, or stockholder of a company who refuses to comply with the demand for possession issued under Section 18415 shall be guilty of a misdemeanor punishable by a fin

Misdemeanor

What this law says, in plain English

Company officers, agents, employees, directors, or stockholders who refuse to comply with a possession demand under Section 18415 commit a misdemeanor punishable by up to $1,000 fine and/or up to one year imprisonment.

Read the full statutory text
Any officer, agent, employee, director, or stockholder of a company who refuses to comply with the demand for possession issued under Section 18415 shall be guilty of a misdemeanor punishable by a fine of not more than one thousand dollars ($1,000) or imprisonment not exceeding one year or by both such fine and imprisonment.

Verify at the official source: California legislative text

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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.