You are here: California / Financial Code - FIN / ARTICLE 3. Reports and Financial Statements [18405. - 18412.] / Section 18412.


Section 18412. (Added by Stats. 1990, Ch. 679, Sec. 1.)
Cite as: Cal. Fin. Code §18412.

Each report required under this article shall be filed with the commissioner at the time that the commissioner by regulation or order may require. If any industrial loan company fails to make any report required by this article at the time specified by the commissioner, or fails to include in that report any matter required by this article or by the commissioner, the commissioner shall assess and collect a penalty of one hundred dollars ($100) for each day which that report is delayed or withheld by the failure or neglect of that industrial loan company.



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