(1) In addition to other actions authorized under ORS 97.948 (2), the Director of the Department of Consumer and Business Services may:
(a) Issue an emergency order suspending or restricting a certificate or registration or ordering a certified provider or master trustee or an entity acting as a certified provider or master trustee to cease and desist from specified conduct; or
(b) Take other action deemed necessary by the director in the circumstances.
(2) The director shall promptly provide opportunity for hearing pursuant to ORS chapter 183.
(3) Emergency orders are:
(a) Effective when issued;
(b) Reviewable as provided in ORS 183.480; and
(c) Enforceable in the courts of this state.