If no request for a hearing is made after a cease and desist order is issued, how long until it becomes final?

When a cease and desist order is issued in the context of Rhode Island mortgage law, it is important to understand the timeline for the order to become final if no request for a hearing is made. According to Rhode Island law, if a party does not request a hearing after the issuance of a cease and desist order, the order automatically becomes final after a specific period. This period is 30 days.

This provision serves to balance the need for regulatory enforcement with the rights of individuals or entities who may wish to contest such orders. If a hearing is requested, the process extends, but in the absence of any request, the straightforward 30-day period applies, allowing for efficient resolution of enforcement actions while also providing a clear timeframe for affected parties.