Section 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.

Notes

History

(Sec. 2 ch 50 SLA 2007; am Sec. 50 ch 61 SLA 2010)