After notice and a hearing, if the department determines that a licensee or subject person of a licensee has engaged in or that there is a reasonable cause to believe that the licensee or subject person is about to engage in an unsafe or unsound act with respect to the business of the licensee, the department may order the licensee or subject person to cease and desist from the action. The order may require the licensee or subject person to take affirmative action to correct a condition resulting from the action.
Section: Previous 10.13.700 10.13.710 10.13.720 10.13.730 10.13.740 10.13.750 10.13.760 10.13.770 10.13.780 10.13.790 10.13.800 10.13.810 10.13.820 10.13.830 NextLast modified: November 15, 2016