Statute · California Financial Code

Cal. Fin. Code § 50500 — Prohibited Practices and Penalties

Cal. Fin. Code § 50500

Type
Statute
Source
California Financial Code
Jurisdiction
California
Date
2011-04-04
Current through
Nov 2, 2026 (California Legislative Counsel)

Any person who willfully violates any provision of this division, or any rule or order under this division, shall, upon conviction, be subject to a fine of not more than ten thousand dollars ($10,000) or imprisonment pursuant to subdivision (h) of Section 1170 of the Penal Code, or in a county…

Citator

Cal. Fin. Code § 50500 — Prohibited Practices and Penalties is in force in the current edition of the Code, and nothing recorded condemns it.

Any person who willfully violates any provision of this division, or any rule or order under this division, shall, upon conviction, be subject to a fine of not more than ten thousand dollars ($10,000) or imprisonment pursuant to subdivision (h) of Section 1170 of the Penal Code, or in a county jail for not more than one year, or to both that fine and imprisonment. No person may be imprisoned for the violation of any rule or order unless he or she had knowledge of the rule or order. Conviction under this section shall not preclude the commissioner from exercising the authority provided in Section 50320.