Section 5653 Of Article 5. Association Name, Office From California Financial Code >> Division 2. >> Chapter 2. >> Article 5.
5653
. Upon application by the commissioner or any association, a
court of competent jurisdiction may issue an injunction to restrain
any person from violating or continuing to violate any of the
provisions of Section 5652. Any person who violates any provision of
Section 5652 shall be punished by a fine of not more than five
thousand dollars ($5,000), and each day of violation shall constitute
a separate offense. The prohibitions of Section 5652 shall not apply
to any corporation or association formed for the purpose of
promoting the interests of thrift institutions, the membership of
which is comprised of thrift institutions, their officers, or other
representatives.