California Business and Professions Code

§ 7508.5

BPC § 7508.5 Effective Sep 17, 2014Div. 3 · Ch. 11 · Art. 9

Statute text

The director may assess administrative fines against a repossession agency registrant for the following acts, in addition to fines imposed pursuant to any other section in this article. The fine shall be twenty-five dollars ($25) for each of the following violations:

(a)Knowingly submit a false report.

(b)Submitting a report to a client without authorization by his or her employer.

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Legislative history

Amended by Stats. 2014, Ch. 390, Sec. 7. (AB 2503) Effective September 17, 2014.