Cease and desist order for practice not in conformity to requirements--Appeal.

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54-4-48. Cease and desist order for practice not in conformity to requirements--Appeal.

The director may issue a cease and desist order from any practice that does not conform to the requirements set forth in this chapter or any commission rule, order, or condition imposed in writing, or any federal statute, rule, or regulation pertaining to consumer credit. A cease and desist order may be issued to any licensee or to any person engaging in the business of lending money without a license. A licensee aggrieved by such order may appeal pursuant to chapters 1-26 and 1-26D.

Source: SL 1998, ch 280, §13; SL 2005, ch 258, §5; SL 2006, ch 245, §6.


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