Sec. 06.60.370. Criminal penalties.
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Sec. 06.60.370. Criminal penalties.
(a)The department may report a violation of
(b)—
(e)of this section to the attorney general, who may institute the proper proceedings to enforce the criminal penalties provided in
(b)—
(e)of this section.
(b)A person who knowingly provides false or misleading information to the department that is material under this chapter is guilty of a class A misdemeanor.
(c)A person who knowingly fails to account for or deliver to a person money, deposits, or checks or other forms of negotiable instruments in violation of the provisions of this chapter is guilty of a class A misdemeanor.
(d)A licensee who knowingly fails to disburse money belonging to the borrower without just cause is guilty of a class A misdemeanor.
(e)Unless the person is exempt from licensing under this chapter, a person who knowingly operates in this state as a mortgage lender, mortgage broker, or mortgage loan originator without a license issued under this chapter is guilty of a class A misdemeanor.