Applicants should take care to make and timely file the verified report of transactions in duplicate lawfully required by the permit, since failure to do so is a violation which could give rise to litigation and may have other consequences. (Secs. 844, 833(i), 843) The Commissioner may withhold favorable action on a subsequent application until any material delinquency with respect to a prior report has been remedied.
Cal. Code Regs. Tit. 10, § 2611.03