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California Penal Code Section 532f

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(a) (1) A person, other than the loan applicant, who commits
a public offense under paragraph (1), (2), or (3) of Section 532a in
connection with an application for a loan to be secured by real
property is guilty of a misdemeanor, punishable by a fine not
exceeding ten thousand dollars ($10,000), or by imprisonment in a
county jail not exceeding one year, or by both the fine and
imprisonment.
   (2) The court shall  determine the amount of any economic loss to
a victim caused by the criminal conduct of the defendant and shall,
to the extent possible, order the defendant to make restitution to
the victim in that amount.
   (b) An applicant for a loan to be secured by real property who
violates paragraph (1), (2), or (3) of Section 532a is guilty of a
misdemeanor, punishable by a fine not exceeding ten thousand dollars
($10,000), or by imprisonment in a county jail not exceeding six
months, or by both the fine and imprisonment.
   (c) This section shall not be construed to preclude the
application of any other law that may apply to a transaction.

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Last modified: January 12, 2009