Section 1881 Of Article 1. International And Foreign Banking And Financing Corporations From California Financial Code >> Division 1.1. >> Chapter 21. >> Article 1.
1881
. Whoever being connected in any capacity with any corporation
represents in any way that the State of California is liable for the
payment of any bond or other obligation, or the interest thereon,
issued or incurred by any corporation, or that the State of
California incurs any liability in respect of any act or omission of
the corporation, shall be punished by a fine of not more than ten
thousand dollars ($10,000) and by imprisonment pursuant to
subdivision (h) of Section 1170 of the Penal Code.