California Codes, Civil Code - CIV, Division 3 — Obligations, Part 2 — Contracts, Title 5 — Extinction of Contracts, Chapter 2.5 — Home Equity Sales Contracts, Section 1695.8
Any equity purchaser who violates any subdivision of Section 1695.6 or who engages in any practice which would operate as a fraud or deceit upon an equity seller shall, upon conviction, be punished by a fine of not more than twenty-five thousand dollars ($25,000), by imprisonment in the county jail for not more than one year, or pursuant to subdivision (h) of Section 1170 of the Penal Code, or by both that fine and imprisonment for each violation.
Notes
Establishes criminal penalties for an equity purchaser who violates the specified foreclosure-purchase restrictions or commits fraud or deceit against an equity seller: up to $25,000 in fines, up to one year in county jail or imprisonment under the referenced Penal Code provision, or both, for each violation.
Use as reference
Lexinter.net | California Code, Civil Code - CIV § 1695.8 | https://laws.lexinter.net/codes/california/civil-code/division-3/part-2/title-5/chapter-2-5/section-1695-8