(a) The Board may do one or more of the following:(1) Deny, suspend, revoke, condition, or decline to renew a finance lender or broker license for a violation of this chapter, or any regulations adopted thereunder.(2) Order restitution against any finance lender or broker licensee for a violation of this chapter.(3) Impose fines on any finance lender or broker licensee.(4) Issue orders or directives to any finance lender or broker under this chapter as follows:(A) Order or direct any finance lender or broker licensee to desist and refrain from conducting business, including immediate temporary orders to desist and refrain.(B) Order or direct any finance lender or broker licensee to cease any harmful activities or violations of this chapter, including immediate temporary orders to desist and refrain.(C) Enter immediate temporary orders to cease business under a license issued pursuant to the authority granted under section 778, if the Board determines that the license was erroneously granted, or finance lender or broker is in violation of this chapter and its continuation of business is to the detriment of the public.(D) Order or direct any other affirmative action as the Board deems necessary.
(1) Deny, suspend, revoke, condition, or decline to renew a finance lender or broker license for a violation of this chapter, or any regulations adopted thereunder.
(2) Order restitution against any finance lender or broker licensee for a violation of this chapter.
(3) Impose fines on any finance lender or broker licensee.
(4) Issue orders or directives to any finance lender or broker under this chapter as follows:(A) Order or direct any finance lender or broker licensee to desist and refrain from conducting business, including immediate temporary orders to desist and refrain.(B) Order or direct any finance lender or broker licensee to cease any harmful activities or violations of this chapter, including immediate temporary orders to desist and refrain.(C) Enter immediate temporary orders to cease business under a license issued pursuant to the authority granted under section 778, if the Board determines that the license was erroneously granted, or finance lender or broker is in violation of this chapter and its continuation of business is to the detriment of the public.(D) Order or direct any other affirmative action as the Board deems necessary.
(A) Order or direct any finance lender or broker licensee to desist and refrain from conducting business, including immediate temporary orders to desist and refrain.
(B) Order or direct any finance lender or broker licensee to cease any harmful activities or violations of this chapter, including immediate temporary orders to desist and refrain.
(C) Enter immediate temporary orders to cease business under a license issued pursuant to the authority granted under section 778, if the Board determines that the license was erroneously granted, or finance lender or broker is in violation of this chapter and its continuation of business is to the detriment of the public.
(D) Order or direct any other affirmative action as the Board deems necessary.
(b) The Board may impose a civil penalty on any finance lender or broker licensee, if the Board finds, on the record after notice and opportunity for hearing, that the finance lender or broker licensee has violated or failed to comply with any requirement of this chapter or any regulation prescribed by the Board under this chapter or order issued under authority of this chapter.
(c) The maximum amount of penalty for each act or omission described in subsection (b) is $25,000.
(d) Each violation of any directive or order of the Board is a separate and distinct.