California Statutes

§ 5309. — 5309. (Added by renumbering Section 5307 (as added by Stats. 1990, Ch. 118, Sec. 18.5) by Stats. 1991, Ch. 1091, Sec. 30.)

California § 5309.
JurisdictionCalifornia
Code FINFinancial Code - FIN
Div. 2.DIVISION 2. SAVINGS ASSOCIATION LAW
Ch. 1.CHAPTER 1. Short Title, General Definitions, and General Provisions
Art. 4.ARTICLE 4. Penalties

This text of California § 5309. (5309. (Added by renumbering Section 5307 (as added by Stats. 1990, Ch. 118, Sec. 18.5) by Stats. 1991, Ch. 1091, Sec. 30.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cal. Financial Code - FIN Code § 5309. (2026).

Text

(a)A person shall be sentenced to consecutive terms for each violation of Section 5303, 5304, 5305, or 5306 up to a mandatory term of 20 years in state prison if all of the following are charged in the accusatory pleading and admitted by the defendant, or found to be true by the trier of fact:
(1)The person is an institution affiliated party.
(2)The person engaged in a pattern and practice of activity involving multiple violations of Section 5303, 5304, 5305, or 5306.
(3)The person acted with intent to cause substantial harm, or with reckless disregard of the possibility of causing substantial harm, to the savings institution.
(4)The violations did in fact result in substantial harm to the savings institution.
(b)No part of a consecutive sentence required pursuant to subdivision (a)

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Legislative History

Added by renumbering Section 5307 (as added by Stats. 1990, Ch. 118, Sec. 18.5) by Stats. 1991, Ch. 1091, Sec. 30.
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California § 5309., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/5309..