Code Section Group

Financial Code - FIN

DIVISION 9. CALIFORNIA FINANCE LENDERS LAW [22000 - 22780]

  ( Division 9 repealed and added by Stats. 1994, Ch. 1115, Sec. 2. )

CHAPTER 4. Revocation and Penalties [22700 - 22780]

  ( Chapter 4 added by Stats. 1994, Ch. 1115, Sec. 2. )

ARTICLE 3. Commercial Loan Penalties [22780- 22780.]
  ( Article 3 added by Stats. 1994, Ch. 1115, Sec. 2. )

22780.
  

Any person who willfully violates any provision of this division, or who willfully violates any rule or order adopted pursuant to this division, shall, upon conviction, be punished by a fine of not more than ten thousand dollars ($10,000), by imprisonment in a county jail for not more than one year or pursuant to subdivision (h) of Section 1170 of the Penal Code, or by both that fine and imprisonment. However, 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 22713.

(Amended by Stats. 2011, Ch. 15, Sec. 113. Effective April 4, 2011. Operative October 1, 2011, by Sec. 636 of Ch. 15, as amended by Stats. 2011, Ch. 39, Sec. 68.)

FINFinancial Code - FIN3.