Does SQLiteConnection.BeginTransaction retry when database is locked?

I'm using SQLite (System.Data.SQLite.dll) in a multi-threaded Windows desktop program. I use this code:

using (var cn = new SQLiteConnection(connectionString))
{
    cn.Open();
    using (var tx = cn.BeginTransaction())
    {
          // do some work here

         tx.Commit();
    }
}

I'm stressing the program using 8 concurrent threads writing to the database at the same time. Sometimes I see this message on the output window:

SQLite error (517): statement aborts at 1: [BEGIN IMMEDIATE] database is locked 

But no exception is thrown at all, and everything works as expected. So I'm guessing SQLConnection.BeginTrasaction() retries when it receives SQLite error (517) database is locked.

Am I right?

If yes, how many times SQLConnection.BeginTransaction retries before throwing an exception. Is this configurable?