ORS 725.400
Cease and desist order


(1)

The Director of the Department of Consumer and Business Services may issue and serve upon the following persons an order to cease and desist from a violation when the director has reasonable cause to believe that the person to whom the order is directed is violating, has violated or is about to violate any provision of this chapter or a rule or order of the director:

(a)

A licensee.

(b)

A director, officer, employee or agent of a licensee.

(c)

A person acting as a consumer finance lender without a license.

(2)

An order under subsection (1) of this section must include the following:

(a)

A statement of the facts constituting the violation.

(b)

A provision requiring the person named in the order to cease and desist from the violation. The provision may be mandatory or otherwise.

(c)

The effective date of the order.

(d)

A notice to the person named in the order of the right to a contested case hearing under ORS chapter 183.

(3)

An order under this section is effective 30 days after the date of the order unless the person named in the order requests a hearing on the order.

(4)

An order under this section remains in effect until it is withdrawn by the director or by a court.

(5)

If an individual named in an order under this section fails to comply with the order, the director may issue an order removing or suspending the individual from the office or position held by the individual. The removal or suspension is in addition to any penalty provided by ORS 725.910 (Civil penalties) for failure to comply with an order issued under this section. [1987 c.215 §13; 2005 c.338 §25]

Source: Section 725.400 — Cease and desist order, https://www.­oregonlegislature.­gov/bills_laws/ors/ors725.­html.

725.010
Definitions
725.015
Construction of chapter
725.020
Short title
725.045
Prohibition on making certain consumer finance loans without license
725.050
Prohibited transactions
725.060
False advertising prohibited
725.110
Requirement that licensee be qualified to conduct business in this state
725.120
Application for license
725.140
Issuance of license
725.145
Disapproval of application for license
725.150
Notice of disapproval of application
725.160
Form of license
725.185
License fees
725.190
Report of licensee
725.210
Additional licenses to same applicant
725.220
Change of place of business
725.230
Revocation and suspension of licenses
725.235
Procedure for license denial, revocation or suspension
725.250
Surrender of license
725.260
Effect of revocation, suspension or surrender of license
725.270
Reinstatement of revoked license
725.310
Investigation and examination by director
725.312
Inspection and examination of licensees
725.315
Removal or suspension of officer of licensee
725.317
Removal of officer of licensee for reasons stated in ORS 725.145
725.319
False information in course of investigation or examination prohibited
725.320
Rulings of director
725.330
Books and records of licensee
725.340
Interest and other charges
725.345
Open-end loan plan
725.347
Open-end credit card plan authorized
725.349
Application of ORS 725.210 to certain loans and advances
725.355
Prohibition against assignment of earnings for loan security
725.360
Licensee duty toward borrowers
725.370
Lawful loans in other jurisdictions not affected by this chapter
725.385
Duty to give notice of defalcation to law enforcement officer, director
725.395
Director to give notice of suspected defalcation to law enforcement agency
725.400
Cease and desist order
725.410
Enforcement actions
725.505
Rulemaking authority
725.510
Person not liable for good faith acts or omissions
725.910
Civil penalties
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