California · Harbors and Navigation Code - HNC
HNC §570: Any person who keeps any wrecked property, or its proceeds, after the salvage and expenses have been agreed to or adjusted, and the amount paid to him, is punishable by fine not exceeding one thousand
What this law says, in plain English
A person who retains wrecked property or its proceeds after salvage and expenses are settled and paid commits an offense punishable by fine up to $1,000, jail time up to one year, or both.
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