(a) Whenever, in the opinion of the Board, any person is engaged in the business as a broker or finance lender, as defined in this chapter, without a license from the Board, or any licensee is violating any provision of this chapter, the Board may order that person or licensee to desist and to refrain from engaging in the business or further violating this chapter. If, within 15 days after the order is served, a written request for a hearing is filed and no hearing is held within 30 days thereafter, the order is rescinded.
(b) Notwithstanding subsection (a), if, after an investigation, the Board has reasonable grounds to believe that a person is conducting business in an unsafe or injurious manner, the Board shall, by written order addressed to that person, direct the discontinuance of the unsafe or injurious practices. The order is effective upon the violator’s receipt but does not become final except in accordance with the provisions of section 807.