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HomeFinancial Code[DIVISION 10. CON...Ch. 3Art. 4§ 23065 License Violation Penalties

§ 23065 License Violation Penalties

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

§ 23065 License Violation Penalties

Key Takeaways

  • •If you break the rules on purpose, you can get fined up to $10,000.
  • •You might also go to jail for up to a year if you break the rules on purpose.
  • •You can only go to jail if you knew about the rule you broke.
  • •Even if you get punished, the boss can still take other actions against you.

Example

If you own a store and knowingly sell alcohol to someone under 21, you can get fined or go to jail.

The law says you can be punished if you break the rules on purpose. Selling alcohol to a minor is breaking the rules, so you could get in trouble.

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

Official Source
View on CA.gov

§ 23065 License Violation Penalties

Any person, including a partner or officer of an entity that is a licensee, who willfully violates any provision of this division or who willfully violates any rule or order adopted pursuant to this division, shall, upon conviction, be punished by a fine of not more than ten thousand dollars ($10,000), or by imprisonment in a county jail for not more than one year, or by both that fine and imprisonment. However, no person may be imprisoned for the violation of any rule or order unless he or she had knowledge of the rule or order. Conviction under this section shall not preclude the commissioner from exercising the authority in Article 1 (commencing with Section 23045). (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

imprisonmentconvictionfinelicensecommissionviolationauthority

Related Statutes

  • § 376 Bank And Savings Updates
  • § 409 Bank Assessment Penalties
  • § 4877.06 Branch Sale Reporting Requirements
  • § 22602 Finance Lender Referral Payments
  • § 23050 Unlicensed Payday Lending Enforcement

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Financial Code. Section 23065.
View Official Source