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§ 26-1161-06 — District of Columbia Law | CourtGPT
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  4. Title 26 - Banks and Other Financial Institutions/
  5. Chapter 11b - Nationwide Mortgage Licensing System Conformity§ 26–1161.01. Definitions/
  6. § 26-1161-06
District of Columbia Legal Code

§ 26-1161-06

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06. Renewal. (a) A license or registration issued under this chapter shall expire on a date to be determined by the Commissioner. A license or registration may thereafter be renewed for one-year term extensions as provided by this section. (b) Before a license expires, the applicant may renew the license or registration for additional one-year terms, if the applicant: (1) Demonstrates that the applicant continues to meet the standards for licensing or registration under this chapter and under all relevant provisions of the Banking Code; (2) Pays all applicable fees as prescribed by the Commissioner and all third-party fees; and (3) Submits to the Commissioner a renewal application on the form that the Commissioner requires. (Mar. 7, 2015, D.C. Law 20-172, § 7, 61 DCR 12577.)