Bill Text: CA AB1186 | 2015-2016 | Regular Session | Introduced

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Bill Title: Bribery.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Failed) 2016-02-01 - Died at Desk. [AB1186 Detail]

Download: California-2015-AB1186-Introduced.html

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BILL NUMBER: AB 1186	INTRODUCED
	BILL TEXT


INTRODUCED BY   Assembly Member Burke

                        FEBRUARY 27, 2015

   An act to amend Section 639 of the Penal Code, relating to
bribery.



	LEGISLATIVE COUNSEL'S DIGEST


   AB 1186, as introduced, Burke. Bribery.
   Existing law makes it a crime to give, offer, or agree to give to
any director, officer, or employee of a financial institution any
emolument, gratuity, or reward, or any money, property, or thing of
value for his or her own personal benefit or of personal advantage,
for procuring or endeavoring to procure for any person a loan or
extension of credit from such financial institution.
   This bill would make technical, nonsubstantive changes to those
provisions.
   Vote: majority. Appropriation: no. Fiscal committee: no.
State-mandated local program: no.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:

  SECTION 1.  Section 639 of the Penal Code is amended to read:
   639.   (a)    Every person who gives, offers, or
agrees to give to any director, officer, or employee of a financial
institution any emolument, gratuity, or reward, or any money,
property, or thing of value for his  or her  own personal
benefit or of personal advantage, for procuring or endeavoring to
procure for any person a loan or extension of credit from such
financial institution is guilty of a felony. 
   As 
    (b)     As  used in this section and
Section 639a, "financial institution" means any person or persons
engaged in the business of making loans or extending credit or
procuring the making of loans or extension of credit, including, but
not limited to, state and federal banks, savings and loan
associations, trust companies, industrial loan companies, personal
property brokers, consumer finance lenders, commercial finance
lenders, credit unions, escrow companies, title insurance companies,
insurance companies, small business investment companies,
pawnbrokers, and retirement funds. 
   As 
    (c)     As  used in this section and
Section 639a the word "person" includes any person, firm,
partnership, association, corporation, limited liability company,
company, syndicate, estate, trust, business trust, or organization of
any kind.