Montana § 32-9-142 Cease And Desist Orders

Montana Statutes

§ 32-9-142 — Cease And Desist Orders

Montana § 32-9-142

Title 32FINANCIAL INSTITUTIONS

Ch. 9RESIDENTIAL MORTGAGE BROKERS, LENDERS, SERVICERS, AND LOAN ORIGINATORS

Part 1Montana Mortgage Act

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Bluebook

Mont. Code Ann. § 32-9-142 (2026).

Text

32-9-142 . Cease and desist orders.

(1)If it appears to the department that a person has engaged in or is about to engage in any act or practice constituting a violation of any provision of this part or any rule adopted or order issued by the department pursuant to this part, the department may issue an order directing the person to cease and desist from continuing the act or practice after reasonable notice and opportunity for a hearing. The order may apply only to the alleged act or practice constituting a violation of this chapter. The department may issue a temporary order pending the hearing that:

(a)remains in effect until 10 days after the hearings examiner issues proposed findings of fact and conclusions of law and a proposed order; or

(b)becomes final if the person to whom noti

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32-9-142 . Cease and desist orders. (1) If it appears to the department that a person has engaged in or is about to engage in any act or practice constituting a violation of any provision of this part or any rule adopted or order issued by the department pursuant to this part, the department may issue an order directing the person to cease and desist from continuing the act or practice after reasonable notice and opportunity for a hearing. The order may apply only to the alleged act or practice constituting a violation of this chapter. The department may issue a temporary order pending the hearing that:
(a) remains in effect until 10 days after the hearings examiner issues proposed findings of fact and conclusions of law and a proposed order; or
(b) becomes final if the person to whom notice is addressed does not request a hearing within 10 days after receipt of the notice.
(2) A violation of an order issued pursuant to this section is subject to the penalty provisions of this part.