ORS 725A.082
Cease and desist order

(1)

If the Director of the Department of Consumer and Business Services has reasonable cause to believe that a person violated, is violating or is about to violate a provision of ORS 725A.010 (Definitions) to 725A.092 (Rules) and 725A.990 (Penalties) or a rule the director adopted or an order the director issued under ORS 725A.010 (Definitions) to 725A.092 (Rules) and 725A.990 (Penalties), the director may order the person to cease and desist from the violation.

(2)

The director, in an order the director issues under subsection (1) of this section, shall:

(a)

State the facts constituting the violation;

(b)

Require the person named in the order to cease and desist from the violation or to meet specific conditions;

(c)

State the effective date of the order; and

(d)

Advise the person named in the order that the person has a 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, and remains in effect until the director or a court withdraws the order.

(4)

If an individual named in an order under this section fails to comply with the order, in addition to imposing a penalty under ORS 725A.990 (Penalties), the director may issue an order to remove or suspend the individual from the individual’s office or position. [2010 c.23 §23]

Source: Section 725A.082 — Cease and desist order, https://www.­oregonlegislature.­gov/bills_laws/ors/ors725A.­html.

725A.010
Definitions 725A.012
Application 725A.020
Licensing requirement 725A.022
License application 725A.024
License application approval 725A.026
Grounds for disapproving license application 725A.028
License fee 725A.030
Annual report 725A.032
Business name and location 725A.034
License revocation and suspension 725A.036
License reinstatement 725A.038
License surrender 725A.040
Effect of license revocation, suspension or surrender 725A.050
Director’s power to examine or investigate 725A.052
Record keeping requirements 725A.054
Duty to report defalcation 725A.056
Loan disclosure requirements 725A.058
Dissemination of false, misleading or deceptive statement 725A.060
Prohibited conduct generally 725A.062
Prohibited conduct for title loan lender 725A.064
Prohibited conduct for payday loan lender 725A.080
Complaint and administrative remedy 725A.082
Cease and desist order 725A.084
Suspension or removal of officer or director of licensee 725A.086
Limitation of personal liability 725A.090
Loan tracking and counseling system 725A.092
Rules 725A.500
Definitions 725A.503
Prohibition on servicing student loan without license 725A.506
Application for licensing 725A.509
Duties of licensee 725A.512
Requirement to maintain liquidity, operating reserves and tangible net worth 725A.515
Required notifications from licensee to director 725A.518
Supervisory powers of director 725A.521
Required practices under federal student loan agreement 725A.524
Investigation of complaints 725A.527
Violations 725A.530
Ombudsman 725A.990
Penalties
Green check means up to date. Up to date

Current through early 2024

§ 725A.082’s source at oregon​.gov