No licensee shall make any untrue or misleading statements in connection with the business of the licensee. "Untrue or misleading statements" include, but are not limited to, a representation by an alarm company operator or agent that:
A violation of this section may result in a fine of one hundred dollars ($100) for the first violation and a five hundred dollar ($500) fine for each subsequent violation.
Ca. Bus. and Prof'l. Code § 7599.55