California · Civil Code

CIV §1695.8: Any equity purchaser who violates any subdivision of Section 1695.

Misdemeanor

What this law says, in plain English

An equity purchaser who violates Section 1695.6 or commits fraud against an equity seller faces up to one year in county jail, a fine up to $25,000, or both.

Read the full statutory text

Any equity purchaser who violates any subdivision of Section 1695.6 or who engages in any practice which would operate as a fraud or deceit upon an equity seller shall, upon conviction, be punished by a fine of not more than twenty-five thousand dollars ($25,000), by imprisonment in the 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 for each violation.

Verify at the official source: California legislative text

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This page is legal information, not legal advice. Code text is sourced from official publications and may lag amendments — always confirm at the official source linked above. Plain-English summaries and relationship data are AI-derived and reviewed on an ongoing basis; verify with a licensed attorney before acting.