{"data":{"id":"us-ca/corp-12671","jurisdiction":"us-ca","citation":"CORP § 12671","heading":"","body":"Any promoter, director, or officer of a corporation who knowingly and willfully issues or consents to the issuance of memberships or membership certificates with intent to defraud present or future members or creditors is guilty of a misdemeanor punishable by a fine of not more than one thousand dollars ($1,000) or by imprisonment in county jail for not more than one year or by both such fine and imprisonment.","path":["Corporations Code - CORP","TITLE 1. CORPORATIONS [100. - 14707.]","DIVISION 3. CORPORATIONS FOR SPECIFIC PURPOSES [12000. - 14707.]","PART 2. COOPERATIVE CORPORATIONS [12200. - 12704.]","CHAPTER 18. Crimes and Penalties [12670. - 12679.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"b3a7793ecf85ce1a27ad915448db54ef8a4da6a9e52338f2b873de6a7259eb59","source_id":"us-ca","stale":false,"prev":"us-ca/corp-12670","next":"us-ca/corp-12672"},"notice":"GroundRules: Original legal text. Not legal advice."}