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HomeFinancial CodeDiv. 12.5Ch. 5§ 28168 Commissioner Enforcement Injunction

§ 28168 Commissioner Enforcement Injunction

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

§ 28168 Commissioner Enforcement Injunction

Key Takeaways

  • •If someone breaks the rules in this law, the commissioner can take them to court to stop them.
  • •The court can order the person to stop what they're doing or even put someone else in charge of their stuff.
  • •The person in charge (like a receiver) can do things like file for bankruptcy if the court says it's okay.
  • •If people got hurt by the rule-breaking, the court can make the bad person pay them back.

Example

A company is scamming people by taking their money and not giving them what they paid for.

The commissioner can go to court to stop the company from scamming more people. The court might put someone else in charge of the company to fix the problem. If the company took money from people, the court can make them give it back.

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

Official Source
View on CA.gov

§ 28168 Commissioner Enforcement Injunction

(a) If, after investigation, the commissioner has reasonable grounds to believe that a person has engaged or is about to engage in any act or practice constituting a violation of any provision of this division or any rule or order hereunder, the commissioner may bring an action to enjoin the acts or practices or to enforce compliance with this division or any rule or order adopted under this division. The action shall be brought in the name of the people of the State of California in the superior court. Upon a proper showing, a permanent or preliminary injunction, restraining order, or writ of mandate shall be granted. A receiver, monitor, conservator, or other designated fiduciary or officer of the court, which may include the commissioner, may be appointed for the defendant or the defendant’s assets. Any other ancillary relief may be granted as appropriate. A receiver, monitor, conservator, or other designated fiduciary or officer of the court appointed by the superior court pursuant to this section may, with the approval of the court, exercise any or all of the powers of the defendant’s officers, directors, partners, trustees, or persons who exercise similar powers and perform similar duties. The powers include the filing of a petition for bankruptcy. No action at law or in equity may be maintained by any party against the commissioner, or a receiver, monitor, conservator, or other designated fiduciary or officer of the court, by reason of their exercising these powers or performing these duties pursuant to the order of, or with the approval of, the superior court. (b) If the commissioner determines it is in the public interest, the commissioner may include in any action authorized by subdivision (a) a claim for ancillary relief. The ancillary relief may include, but not be limited to, restitution or 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. (Added by Stats. 2016, Ch. 824, Sec. 2. (AB 2251) Effective January 1, 2017. Operative July 1, 2018, pursuant to Section 28182.)

Last verified: January 23, 2026

Key Terms

restitutioninjunctioncompliancecommissiondamagesfiduciaryclaimrestraining order

Related Statutes

  • § 50324 Commissioner Enforcement Actions
  • § 17607 Commissioner Enforcement Injunctions
  • § 509 Commissioner Enforcement Authority
  • § 90013 Enforcement Actions And Injunctions
  • § 12105 Commissioner Enforcement Actions

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Financial Code. Section 28168.
View Official Source