Answer: $5 000 for each violation
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After a hearing if the Commissioner determines that a person has engaged in an Unfair Trade Practice the Commissioner may impose a fine of which of the following?$10 000 for each violation$20 000 for each violation$5 000 for each violation$15 000 for each violation
If the Commissioner finds that a licensee has engaged in prohibited act he may order such licensee to cease and desist from such practices. Penalty for violating Cease and Desist order The maximum penalty for violating a cease and desist order is $1 000 per violation and a total of $5 000 for all violations.
(a) If after investigation the commissioner has reasonable grounds to believe that any 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 ...
After the investigation if the Commissioner determines that those involved are responsible a fine can be given up to to $1 000 for each violation not to exceed $100 000 for all violations
The Commissioner can order disciplinary action against a licensed or registered residential mortgage loan company or a licensed RMLO when after notice and opportunity for hearing it is determined that the person has committed conduct that is prohibited including the following:
Sun Mar 17 2013 · Can I object to having a Commissioner hear a case after 2 hearings as she failed to advise that right to object initially. I only became awar...
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