Violations — Cease and Desist Orders — Penalties

1. Law
2. Tennessee Code
3. Banks and Financial Institutions
4. Deferred Presentment Services
5. Violations — Cease and Desist Orders — Penalties

If, after notice and opportunity for a hearing, the commissioner finds that a person has violated this chapter, or any administrative regulation issued pursuant thereto, the commissioner may:

1. Order the person to cease and desist violating the chapter or any administrative rules issued pursuant thereto;
2. Require the refund of any fees collected by the person in violation of this chapter; and/or
3. Order the person to pay to the commissioner a civil penalty of not more than one thousand dollars ($1,000) for each transaction in violation of this chapter or each day that a violation has occurred and continues.

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