CHAPTER 7. Prohibited Practices and Penalties [50500. - 50513.]
Chapter 7 added by Stats. 1994, Ch. 994, Sec. 7.
§§ 50500–50513 · 15 sections
- § 50500 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…
- § 50501 (a) Any person who violates a provision of this division, or any rule or order under this division, shall be liable for a civil penalty not to exceed two…
- § 50501.5 (a) If, upon inspection, examination, or investigation, the commissioner has cause to believe that a licensee or person is violating or has violated any…
- § 50502 It is a violation of this division for any person to make any untrue statement of a material fact in any document filed with the commissioner under this…
- § 50503 (a) It is a violation for any person subject to this law or any director, partner, shareholder controlling an ownership interest of 10 percent or more,…
- § 50504 (a) If an amount other than or in excess of the charges permitted by this division is willfully charged, contracted for, or received, in addition to any other…
- § 50505 Any person who violates any provision of any of the following federal acts or regulations violates this division: (a) The federal Real Estate Settlement…
- § 50506 Any director, officer, partner, trustee, or employee of a licensee, its holding company, or its affiliates who knowingly receives or appropriates any of the…
- § 50507 Any director, officer, partner, trustee, or employee of a licensee, its holding company, or its affiliates who knowingly makes or concurs in making or…
- § 50508 Any director, officer, partner, trustee, or employee of a licensee, its holding company, or its affiliates who makes a false entry in any book or record of the…
- § 50509 Any officer, director, partner, trustee, or employee of any entity who abstracts or misapplies any of the money, funds, or property of a licensee, or…
- § 50510 Nothing in this chapter shall be construed to authorize a criminal prosecution for a violation of a civil statute incorporated by reference into this division.…
- § 50511 The commissioner may, subject to the requirements of subdivisions (b), (c), and (d) of Section 50318, suspend for a period not to exceed 12 months or bar a…
- § 50512 (a) It is unlawful for any person to knowingly alter, destroy, mutilate, conceal, cover up, falsify, or make a false entry in any record, document, or tangible…
- § 50513 (a) The commissioner may do one or more of the following: (1) Deny, suspend, revoke, condition, or decline to renew a mortgage loan originator license for a…