Oregon Code § 725.400·Enacted ·Last updated March 01, 2026
Statute Text
Cease
and desist order.
(1) The Director of the Department of Consumer and Business Services may issue
and serve upon the following persons an order to cease and desist from a
violation when the director has reasonable cause to believe that the person to
whom the order is directed is violating, has violated or is about to violate
any provision of this chapter or a rule or order of the director:
(a) A licensee.
(b) A director,
officer, employee or agent of a licensee.
(c) A person
acting as a consumer finance lender without a license.
(2) An order
under subsection (1) of this section must include the following:
(a) A statement
of the facts constituting the violation.
(b) A provision
requiring the person named in the order to cease and desist from the violation.
The provision may be mandatory or otherwise.
(c) The effective
date of the order.
(d) A notice to
the person named in the order of the 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.
(4) An order
under this section remains in effect until it is withdrawn by the director or
by a court.
(5) If an
individual named in an order under this section fails to comply with the order,
the director may issue an order removing or suspending the individual from the
office or position held by the individual. The removal or suspension is in
addition to any penalty provided by ORS 725.910 for failure to comply with an
order issued under this section. [1987 c.215 §13; 2005 c.338 §25]
Plain English Explanation
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 725.400
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
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. Read the full statute text above for details.
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