1(1) 2The Chief Financial Officer may issue a cease and desist order and a corrective order upon determining that:20(a) 21A qualified public depository has requested and obtained a release of pledged collateral without approval of the Chief Financial Officer;
41(b) 42A bank, savings association, or other financial institution is holding public deposits without a certificate of qualification issued by the Chief Financial Officer;
65(c) 66A qualified public depository pledges, deposits, or arranges for the issuance of unacceptable collateral;
80(d) 81A custodian has released pledged collateral without approval of the Chief Financial Officer;
94(e) 95A qualified public depository or a custodian has not furnished to the Chief Financial Officer, when the Chief Financial Officer requested, a power of attorney or bond power or bond assignment form required by the bond agent or bond trustee for each issue of registered certificated securities pledged and registered in the name, or nominee name, of the qualified public depository or custodian; or
159(f) 160A qualified public depository; a bank, savings association, or other financial institution; or a custodian has committed any other violation of this chapter or any rule adopted pursuant to this chapter that the Chief Financial Officer determines may be remedied by a cease and desist order or corrective order.
