§ 25362. — 25362. (Amended by Stats. 2023, 1st Ex. Sess., Ch. 1, Sec. 7.)

(a)
The commission shall notify those persons who have failed to timely provide the information specified in Section 25354 or 25355. If, within five days after being notified of the failure to provide the specified information, the person fails to supply the specified information, the person shall be subject to a civil penalty of not less than five thousand dollars ($5,000) nor more than twenty thousand dollars ($20,000) per day for each day the submission of information is refused or delayed, up to a maximum penalty of five hundred thousand dollars ($500,000) per submission.
(b)
A person who willfully makes any false statement, representation, or certification in any record, report, plan, or other document filed with the commission shall be subject to a civil
penalty not to exceed forty thousand dollars ($40,000).
(c)
The administration of civil penalties under this section shall be subject to the procedures provided in Section 25534.1, and to the procedures for judicial review under Section 25534.2.
(d)
In addition to any civil penalty provided for by this section, if a person fails to timely provide the information specified in Section 25354 or 25355, the commission may petition a court for an order compelling the person to provide that information.
(e)
For purposes of this section, the term “person” shall mean, in addition to the definition contained in Section 25116, any responsible corporate officer.

Legislative History

Amended by Stats. 2023, 1st Ex. Sess., Ch. 1, Sec. 7. (SB 2 1x) Effective June 26, 2023.