If the Department of Finance issues an order to stop a lender from making loans, when must a hearing be held upon the lender's request?

When the Department of Finance issues an order to stop a lender from making loans and a hearing is requested by the lender, the law stipulates that the hearing must be held within 30 days. This timeframe ensures that lenders have an opportunity for a timely review and contesting of any actions that impact their ability to provide loans. The requirement for a 30-day hearing process is designed to balance the need for regulatory oversight with the rights of lenders to defend their operations. It avoids prolonged uncertainty for the lender while allowing regulatory bodies to address any concerns efficiently.