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(b) conclude a written agreement with the licensed financial institution or the licensed financial holding company providing for a program of remedial action; (c) issue an order to the licensed financial institution or the licensed financial holding company or their affiliates or the person responsible for the management of the licensed financial institution or the licensed financial holding company; (d) issue such directions as it considers necessary in relation to the persons comprising the management of the licensed financial institution or the licensed financial holding company. (3) An agreement, order, or direction under subsection (2) may require any or all of the following: (a) to cease and desist from the specified practice or violation; (b) affirmative action to correct the condition resulting from the specified practice or violation; or (c) any specified remedial action. Additional Central Bank remedial actions 76. The Central Bank may also take the following remedial actions: (a) restrict the licensed financial institution or affiliate from further lending or taking further financial exposures, including off-balance sheet transactions, investments, or capital expenditure; (b) require the licensed financial institution or affiliate to suspend for a specified period of time, alter, reduce, or terminate any activity that in the opinion of the Central Bank has caused material losses to the licensed financial institution or affiliate, is detrimental to the interest of depositors, or presents excessive risk to the licensed financial institution or affiliate; (c) require the licensed financial institution or affiliate to sell, liquidate, or

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