California · Penal Code
PEN §131: Every person in any matter under investigation for a violation of the Corporate Securities Law of 1968 (Part 1 (commencing with Section 25000) of Division 1 of Title 4 of the Corporations Code), the C
What this law says, in plain English
A person who knowingly falsifies facts or makes fraudulent statements during investigations of securities, commodities, or state business matters is guilty of a misdemeanor punishable by up to one year jail and/or $25,000 fine.
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