If, after notice and an opportunity to be heard, the commissioner finds any of the factors set forth in subdivision (a) or (b) with respect to any subject institution, subject person, or any holding company, the commissioner may order the subject institution, subject person, or holding company to cease and desist from the act or violation:
(a)
That the subject institution, subject person, or holding company has engaged or
participated, is engaging or participating, or that there is reasonable cause to believe that the subject institution, subject person, or holding company is about to engage or participate, in any unsafe or unsound act with respect to the business of the subject institution.
(b)
That the subject institution, subject person, or holding company has violated, is violating, or that there is reasonable cause to believe that the subject institution, subject person, or holding company is about to violate any:
(1)
Provision of any division subject to the jurisdiction of the commissioner.
(2)
Provision of any regulation promulgated by, or subject to the jurisdiction of, the commissioner.
(3)
Provision of any other applicable law.
(4)
Provision of any written agreement between the subject institution, subject person, or holding company, and the commissioner.