Informal dispositions

The presiding officer may call and hold conferences to consider simplifying, clarifying or joining issues, and disposing of any action by consent order or license, unless prohibited by statute. Within a reasonable time prior to any such conference, the presiding officer shall notify the parties of it. If the parties who attend the conference agree to a disposition of the actions, the presiding officer shall so inform the commissioner who may then issue a consent order or license which shall embody the terms of such disposition, and which shall be a final decision of the department.