Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
§ 26.1106 — District of Columbia Law | CourtGPT
  1. Home/
  2. Laws/
  3. District of Columbia/
  4. Title 26 - Banks and Other Financial Institutions/
  5. Chapter 11 - Mortgage Lenders and Brokers§ 26–1101. Definitions/
  6. § 26.1106
District of Columbia Legal Code

§ 26.1106

Ask AI about this
Rejection of license application. (a)(1) If an applicant does not meet the requirements of § 26-1103, the Superintendent [Commissioner] shall: (A) Immediately notify the applicant in writing of this fact; (B) Return the bond filed under § 26-1103; and (C) Refund the license fee. (2) The Superintendent [Commissioner] shall, subject to the appropriations process, keep the investigation fee and application fee. (b) Within 30 days after the Superintendent [Commissioner] denies an application, the Superintendent [Commissioner] shall: (1) Issue a written decision containing the reasons upon which the denial was based; (2) Send a copy of the decision to the applicant; and (3) Advise the applicant of a right to a hearing which shall be held in accordance with subchapter I of Chapter 5 of Title 2. (c)(1) An applicant who seeks a hearing on a license application denial shall file a written request for a hearing within 45 days following receipt of the written decision for denial. (2) A hearing date established in response to the filing of a notice under this subsection may be postponed only once for a period of up to 30 days after the initial hearing date. (Sept. 9, 1996, D.C.

2) A hearing date established in response to the filing of a notice under this subsection may be postponed only once for a period of up to 30 days after the initial hearing date. (Sept. 9, 1996, D.C. Law 11-155, § 7, 43 DCR 4213.) Prior Codifications 1981 Ed., § 26-1006.