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HomeFinancial CodeDiv. 1.1Ch. 20Art. 5§ 1830 Civil Penalty Enforcement Authority

§ 1830 Civil Penalty Enforcement Authority

Financial Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 1830 Civil Penalty Enforcement Authority

Key Takeaways

  • •If you break the rules in this law, you might have to pay money as a punishment.
  • •The person in charge (the commissioner) decides if you broke the rules and how much you have to pay.
  • •The money you pay goes to the commissioner, not to someone you hurt or affected.

Example

If a store owner doesn't follow safety rules and keeps selling expired food.

The commissioner can find out and make the store owner pay money as a punishment for breaking the rules.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 1830 Civil Penalty Enforcement Authority

If the commissioner finds that any person has violated any provision of this chapter or of any regulation or order issued under this chapter, the commissioner may order the person to pay to the commissioner a civil penalty imposed pursuant to Section 329. (Added by Stats. 2011, Ch. 243, Sec. 3. (SB 664) Effective January 1, 2012.)

Last verified: January 23, 2026

Key Terms

commissionercivil penaltySection 329

Related Statutes

  • § 1832 Foreign Bank License Suspension
  • § 1833 License Surrender For Foreign Banks
  • § 1175 Bank Distribution Violations
  • § 1176 Bank Loans Violating Division
  • § 1578 Trust Company Penalties

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Financial Code. Section 1830.
View Official Source