California Financial Code CHAPTER 7 - Prohibited Practices and Penalties

• Section 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...
• Section 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...
• Section 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 provision of...
• Section 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...
• Section 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,...
• Section 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...
• Section 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 Procedures Act, as...
• Section 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 licensee’s...
• Section 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 publishing...
• Section 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...
• Section 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...
• Section 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....
• Section 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...
• Section 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...
• Section 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 violation...

Last modified: October 22, 2018