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HomeFinancial Code[DIVISION 10. CON...Ch. 3Art. 1§ 23051 Commissioner Enforcement Authority

§ 23051 Commissioner Enforcement Authority

Financial Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 23051 Commissioner Enforcement Authority

Key Takeaways

  • •If someone breaks the rules in this law, the boss (commissioner) can stop them by going to court.
  • •The boss can also ask for money back for people who were hurt by the rule-breaking.
  • •Breaking the rules can cost up to $2,500 for each mistake.
  • •The boss can use different ways to punish rule-breakers, not just fines.

Example

A company sells fake medicine that doesn’t work.

The boss can go to court to stop the company from selling the fake medicine. The boss can also ask the company to pay back the money to people who bought the fake medicine. The company might have to pay up to $2,500 for each fake medicine they sold.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 23051 Commissioner Enforcement Authority

(a) Whenever the commissioner believes from evidence satisfactory to the commissioner that any person has violated or is about to violate a provision of this division, or a provision of any order, license, decision, demand, requirement, or any regulation adopted pursuant to this division, the commissioner may, in the commissioner’s discretion, bring an action in the name of the people of the State of California against that person to enjoin that person from continuing that violation or doing any act in furtherance of the violation. Upon a proper showing, a permanent or preliminary injunction, restraining order, or writ of mandate shall be granted and other ancillary relief may be granted as appropriate. (b) If the commissioner determines that it is in the public interest, the commissioner may include in any action authorized by subdivision (a) a claim for ancillary relief, including, but not limited to, a claim for restitution, disgorgement, or damages on behalf of the persons injured by the act or practice constituting the subject matter of the action. The court shall have jurisdiction to award additional relief. (c) Any person who violates any provision of this division, or who violates any rule or order adopted pursuant to this division, shall be liable for a civil penalty not to exceed two thousand five hundred dollars ($2,500) for each violation, which shall be assessed and recovered in a civil action brought in the name of the people of the State of California by the commissioner in any court of competent jurisdiction. (d) As applied to the penalties for acts in violation of this division, the remedies provided by this section and by other sections of this division are not exclusive, and may be sought and employed in any combination to enforce the provisions of this division. (Added by Stats. 2002, Ch. 777, Sec. 10. Effective January 1, 2003. Section operative on December 31, 2004, or sooner, pursuant to Section 23104.)

Last verified: January 23, 2026

Key Terms

violationrestitutioninjunctionregulationcommissiondamagesclaimpenalty

Related Statutes

  • § 12105 Commissioner Enforcement Actions
  • § 14209 Commissioner Enforcement Actions
  • § 509 Commissioner Enforcement Authority
  • § 14302 Enforcement Actions And Receivers
  • § 23064 Consumer Injury Damages Recovery

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Financial Code. Section 23051.
View Official Source