California Statutes
§ 50510. — 50510. (Added by Stats. 1994, Ch. 994, Sec. 7.)
California·Code FIN Financial Code - FIN·Div. 20. DIVISION 20. CALIFORNIA RESIDENTIAL MORTGAGE LENDING ACT·Ch. 7. CHAPTER 7. Prohibited Practices and Penalties
Nothing in this chapter shall be construed to authorize a criminal prosecution for a violation of a civil statute incorporated by reference into this division. Civil monetary penalties and fines shall not be imposed under this law for a violation of subdivision (e) or (j) of Section 50204 or Section 50505 if a licensee demonstrates that it has paid a civil monetary penalty or fine for the same act or transaction, as a violation of Section 17200 or 17500 of the Business
and Professions Code, Section 2941 of the Civil Code, or provisions of the Real Estate Settlement Procedures Act (12 U.S.C.A. Sec. 2601 et seq.).
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California § 50510. (50510. (Added by Stats. 1994, Ch. 994, Sec. 7.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1994, Ch. 994, Sec. 7. Effective January 1, 1995. Section operative January 1, 1996, pursuant to Section 50601 (later repealed).