Section 50306 Of Chapter 5. Administration And Powers Of The Commissioner From California Financial Code >> Division 20. >> Chapter 5.
50306
. The commissioner may order a licensee that opens a branch
office in this state or changes its business location or its
locations from which activities subject to this law are conducted,
without first notifying the commissioner in writing, as required by
Section 50124, to forfeit to the people of the state up to one
hundred dollars ($100) each day for the first 10 days and ten dollars
($10) for each day thereafter during which the branch office or
changed location is maintained without notifying the commissioner.