Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
§ 26-831-05 — District of Columbia Law | CourtGPT
  1. Home/
  2. Laws/
  3. District of Columbia/
  4. Title 26 - Banks and Other Financial Institutions/
  5. Chapter 8a - Merchant Bankssub/
  6. Subchapter II - Application and Certification As A Merchant Bank§ 26–831.03. Application for Merchant Bank Charter; Review and Approval or Disapproval of Application/
  7. § 26-831-05
District of Columbia Legal Code

§ 26-831-05

Ask AI about this
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. (June 9, 2001, D.C. Law 13-308, § 305, 48 DCR 3244.)