California · Penal Code
PEN §1398: (a) In addition to any other penalty or fine provided by law, if a corporation is convicted of a misdemeanor or felony offense, the court may order the corporation to pay an additional fine, known as
What this law says, in plain English
When a corporation is convicted of a crime, courts may impose an additional fine up to the greater of twice the loss caused or $25 million, with funds directed to California's crime victims fund.
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