California · Financial Code
FIN §18362: (a) If the commissioner believes that an industrial loan company or its directors, officers, agents, or employees have violated or are about to violate any of the provisions of this division, or any p
What this law says, in plain English
The commissioner may seek injunctions against industrial loan companies for violations and pursue civil penalties up to $2,500 per violation, plus restitution or damages, in civil court.
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