Cal. Bus. & Prof. Code § 5116.2

Current through the 2024 Legislative Session.
Section 5116.2 - Administrative penalty for violations of certain grounds for discipline

In accordance with Section 5116 and applicable regulations, any licensee who violates subdivision (a), (c), (i), (j) or (k) of Section 5100 may be assessed an administrative penalty of not more than one million dollars ($1,000,000) for the first violation and not more than five million dollars ($5,000,000) for any subsequent violation, except that a licensee who is a natural person may be assessed an administrative penalty of not more than fifty thousand dollars ($50,000) for the first violation and not more than one hundred thousand dollars ($100,000) for any subsequent violation.

Ca. Bus. and Prof'l. Code § 5116.2

Added by Stats 2004 ch 921 (SB 1543), s 14, eff. 1/1/2005.