The commissioner may assess a civil penalty against a person that violates this division or a regulation adopted or an order issued under this division in an amount not to exceed one thousand dollars ($1,000) for each violation or, in the case of a continuing violation, one thousand dollars ($1,000) for each day or part thereof during which the violation continues, plus this state’s costs and expenses for the investigation and prosecution of the matter, including reasonable attorney’s fees.
Cal. Fin. Code § 2151.1
Additional Enforcement Provisions
Known as the Money Transmission Act
The act spans §§ 2000–2176 (63 sections).
Applied in 1 court decision — leading case 237 Cal. App. 4th 812 - Pacific Gas & Electric Co. v. Public Utilities Commission (2015)
Most recently applied in 237 Cal. App. 4th 812 - Pacific Gas & Electric Co. v. Public Utilities Commission (June 2015)
Amended by Stats. 2012, Ch. 356, Sec. 27
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.