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IN THE MATTER OF:

GROVE ELECTRONICS, LLC
d/b/a CHIP PARTNERS LLC

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CERTIFICATION

DOCKET NO. CF-10-7745-S


The undersigned hereby certifies, on behalf of the Banking Commissioner (“Commissioner”), that:

1. On November 23, 2010, the Commissioner issued an Order to Cease and Desist (“Order”), Notice of Intent to Fine and Notice of Right to Hearing (collectively “Notice”) [against] Grove Electronics, LLC d/b/a Chip Partners LLC (“Respondent”), a copy of the Notice is attached hereto and incorporated by reference herein;
2. The Order provided that it would remain in effect and become permanent against Respondent if a hearing was not requested within 14 days of its receipt;
3. On November 23, 2010, the Notice was sent by certified mail, return receipt requested, to Respondent;
4. On November 26, 2010, and December 2, 2010, Respondent received the Notice;
5. Respondent has failed to request a hearing on the matters set forth in the Order within 14 days of its receipt; and
6. On December 11, 2010, the Order issued against Respondent became permanent.
     

Dated at Hartford, Connecticut,    HOWARD F. PITKIN
this 14th day of December 2010.    BANKING COMMISSIONER    
    
By: _______/s/________________ 
  Paul A. Bobruff
  Principal Attorney 

 

Administrative Orders and Settlements