BILL NUMBER: AB 1346 INTRODUCED
BILL TEXT
INTRODUCED BY Assembly Member Hall
FEBRUARY 27, 2009
An act to amend Section 2945.7 of the Civil Code, relating to
foreclosure consultants.
LEGISLATIVE COUNSEL'S DIGEST
AB 1346, as introduced, Hall. Foreclosure consultants.
Existing law regulates foreclosure consultants and, in this
regard, defines a foreclosure consultant as a person who performs, or
who solicits, represents, or offers to perform, for compensation,
specified activities, including the obtaining of forbearance from a
beneficiary or mortgagee. Existing law provides that a foreclosure
consultant who receives any fee before fully performing every service
for which he or she has contracted is guilty of a misdemeanor.
This bill would make nonsubstantive, technical changes to these
provisions.
Vote: majority. Appropriation: no. Fiscal committee: no.
State-mandated local program: no.
THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:
SECTION 1. Section 2945.7 of the Civil Code is amended to read:
2945.7. Any A person who commits
any a violation described in Section
2945.4 shall be punished by a fine of not more than ten thousand
dollars ($10,000), by imprisonment in the county jail for not more
than one year, or in the state prison, or by both that fine and
imprisonment for each violation. These penalties are cumulative to
any other remedies or penalties provided by law.