KRS 286.11-043: Power of commissioner to issue cease and desist orders -- Petition for

temporary or permanent injunction.

(1) If the commissioner has reason to believe or determines that a violation of this

subtitle, regulation adopted, or an order issued under th is subtitle, by any person,

licensee, or agent has occurred or will occur, then the commissioner may issue an

order to show cause why an order to cease and desist should not be issued requiring

the person, licensee, or agent to cease and desist from the violation.

(2) The commissioner may enter an order to cease and desist if the person, licensee, or

agent fails to show cause for the violation of the subtitle, regulation, or order within

ten (10) days of the date of the receipt of the order of show cause.

(3) The commissioner may petition the Franklin Circuit Court, or any court of

competent jurisdiction, for an issuance of a temporary or permanent injunction, or

any other appropriate judicial order, against any person, licensee, or agent that

violates this subtitle, regulation adopted, or order issued.

(4) An order issued under this section becomes effective when signed by the

commissioner. The order shall be delivered by certified mail to the last known

address of the person, licensee, or agent. The order s hall be deemed received by the

person, licensee, or agent within three (3) days of its mailing with the United States

Postal Service.

(5) The commissioner may issue an order against a licensee to cease and desist from

providing money transmission through a n agent that is subject of a separate order

from the commissioner.

(6) An order to cease and desist remains effective and enforceable pending the

completion of an administrative proceeding.