Statutes, codes, and regulations
District of Columbia Official Code
Division V - LOCAL BUSINESS AFFAIRSTitle 26 - BANKS AND OTHER FINANCIAL INSTITUTIONSChapter 8A - MERCHANT BANKS
Subchapter II - APPLICATION AND CERTIFICATION AS A MERCHANT BANK
Section 26-831.05 - Revocation or subsequent limitation of certificate of authority

D.C. Code § 26-831.05

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Current through codified legislation effective September 18, 2024
Section 26-831.05 - Revocation or subsequent limitation of certificate of authority

If a merchant bank fails to maintain the standards and requirements of this chapter, the Commissioner shall, by order, revoke or limit the exercise of the powers of the merchant bank's authority.

D.C. Code § 26-831.05

June 9, 2001, D.C. Law 13-308, § 305, 48 DCR 3244.