March 18, 2025 peaccadmin

Common Fines & Interest Penalties for Holder Non-compliance in the State of California

With California having the most aggressive fines & interest penalties for Holder non-compliance, here’s what you can expect:

•  California may assess a 12% per annum interest penalty for past due or late property received or remitted.


•  A fine may be assessed by the courts for willfully failing to report or remit property or filing a fraudulent report.

︎ $100 per day fine ($10,000 maximum) for failure to report property.

︎ $5,000 – $10,000 fine for refusing to deliver property to the State.


•  For Remittances $2,000. or greater in any form other than Electronic Funds Transfer (EFT)

︎ A 2% Civil penalty shall be assessed.

All States have statutes for penalties & interest written in their Laws. However, not all States are consistent in assessing their penalties or interest consistently.

For further information regarding penalties and interest for Holder non-compliance, please feel free to reach out to PEACC at 410.303.5510 or email us at info@peacc.com.

Call PEACC to avoid penalties
Call PEACC for Compliance 410.303.5510
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