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§ 26-1401-05 — District of Columbia Law | CourtGPT
  1. Home/
  2. Laws/
  3. District of Columbia/
  4. Title 26 - Banks and Other Financial Institutions/
  5. Chapter 14 - Universal Bank Certificationsub/
  6. Subchapter II - Application and Certification As A Universal Bank§ 26–1401.03. Application to Be Certified As A Universal Bank; Review and Approval or Disapproval of Application/
  7. § 26-1401-05
District of Columbia Legal Code

§ 26-1401-05

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05. Revocation or subsequent limitation of certificate of authority. If a universal bank fails to maintain the standards and requirements of § 26-1401.03(c), the Commissioner shall, by order, revoke or limit the exercise of the powers of the universal bank. (June 9, 2001, D.C. Law 13-308, § 205, 48 DCR 3244.)