Section 3401 - "Enforcement measure"For the purpose of this chapter, "enforcement measure" means an action that includes, but is not limited to, all of the following:
(a) Suspend or revoke a license under this division.(b) Order a person to cease and desist from doing digital financial asset business activity with, or on behalf of, a resident.(c) Request the court to appoint a receiver for the assets of a person doing digital financial asset business activity with, or on behalf of, a resident.(d) Request the court to issue temporary, preliminary, or permanent injunctive relief against a person doing digital financial asset business activity with, or on behalf of, a resident.(e) Assess a penalty under Section 3407.(f) Recover on the security under Section 3207 and initiate a plan to distribute the proceeds for the benefit of a resident injured by a violation of this division, or law of this state other than this division that applies to digital financial asset business activity with, or on behalf of, a resident.(g) Impose necessary or appropriate conditions on the conduct of digital financial asset business activity with, or on behalf of, a resident.(h) Seek restitution on behalf of a resident if the department shows economic injury due to a violation of this division.Added by Stats 2023 ch 792 (AB 39),s 1, eff. 1/1/2024.