California 2021 2021-2022 Regular Session

California Assembly Bill AB931 Introduced / Bill

Filed 02/17/2021

                    CALIFORNIA LEGISLATURE 20212022 REGULAR SESSION Assembly Bill No. 931Introduced by Assembly Member VillapuduaFebruary 17, 2021 An act to amend Section 639 of the Penal Code, relating to bribery. LEGISLATIVE COUNSEL'S DIGESTAB 931, as introduced, Villapudua. 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 their own personal benefit or of personal advantage, for procuring or endeavoring to procure for any person a loan or extension of credit from that financial institution.This bill would make technical, nonsubstantive changes to those provisions.Digest Key Vote: MAJORITY  Appropriation: NO  Fiscal Committee: NO  Local Program: NO Bill TextThe 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 their own personal benefit or of personal advantage, for procuring or endeavoring to procure for any person a loan or extension of credit from such that 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.

 CALIFORNIA LEGISLATURE 20212022 REGULAR SESSION Assembly Bill No. 931Introduced by Assembly Member VillapuduaFebruary 17, 2021 An act to amend Section 639 of the Penal Code, relating to bribery. LEGISLATIVE COUNSEL'S DIGESTAB 931, as introduced, Villapudua. 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 their own personal benefit or of personal advantage, for procuring or endeavoring to procure for any person a loan or extension of credit from that financial institution.This bill would make technical, nonsubstantive changes to those provisions.Digest Key Vote: MAJORITY  Appropriation: NO  Fiscal Committee: NO  Local Program: NO 





 CALIFORNIA LEGISLATURE 20212022 REGULAR SESSION

 Assembly Bill 

No. 931

Introduced by Assembly Member VillapuduaFebruary 17, 2021

Introduced by Assembly Member Villapudua
February 17, 2021

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

LEGISLATIVE COUNSEL'S DIGEST

## LEGISLATIVE COUNSEL'S DIGEST

AB 931, as introduced, Villapudua. 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 their own personal benefit or of personal advantage, for procuring or endeavoring to procure for any person a loan or extension of credit from that financial institution.This bill would make technical, nonsubstantive changes to those provisions.

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 their own personal benefit or of personal advantage, for procuring or endeavoring to procure for any person a loan or extension of credit from that financial institution.

This bill would make technical, nonsubstantive changes to those provisions.

## Digest Key

## Bill Text

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 their own personal benefit or of personal advantage, for procuring or endeavoring to procure for any person a loan or extension of credit from such that 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.

The people of the State of California do enact as follows:

## 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 their own personal benefit or of personal advantage, for procuring or endeavoring to procure for any person a loan or extension of credit from such that 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.

SECTION 1. Section 639 of the Penal Code is amended to read:

### SECTION 1.

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 their own personal benefit or of personal advantage, for procuring or endeavoring to procure for any person a loan or extension of credit from such that 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.

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 their own personal benefit or of personal advantage, for procuring or endeavoring to procure for any person a loan or extension of credit from such that 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.

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 their own personal benefit or of personal advantage, for procuring or endeavoring to procure for any person a loan or extension of credit from such that 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.



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 their own personal benefit or of personal advantage, for procuring or endeavoring to procure for any person a loan or extension of credit from such that 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.