If, after notice and an opportunity for a hearing, the commissioner finds that a person has violated this chapter or a rule promulgated in accordance with this chapter, the commissioner may order the person to:

(1) Cease and desist violating the chapter or any rule promulgated in accordance with this chapter;
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Terms Used In Tennessee Code 45-7-143

  • Commissioner: means the commissioner of financial institutions. See Tennessee Code 45-7-103
  • Person: means any individual, general partnership, limited partnership, limited liability company, corporation, trust, association, joint stock corporation, or other corporate entity identified by the commissioner. See Tennessee Code 45-7-103
(2) Refund, disburse, or disgorge any fees collected in violation of this chapter or a rule promulgated in accordance with this chapter;
(3) Pay to the commissioner a civil penalty in an amount specified by the commissioner, not to exceed one thousand dollars ($1,000) for each violation or, in the case of a continuing violation, one thousand dollars ($1,000) for each day that the violation continues; or
(4) Pay the costs and expenses for the investigation and prosecution of the matter, including reasonable attorney’s fees.
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