07. License denial, suspension, revocation, and refusal to renew; civil penalties. (a) The Commissioner may deny a license to an applicant or suspend, revoke, or refuse to renew a license if the applicant or licensee: (1) Violates the provisions of this chapter or any standard of conduct prescribed by the Commissioner in regulations; (2) Makes a material misstatement in the application for the license; (3) Engages in fraudulent or dishonest practices; or (4) Demonstrates incompetency or untrustworthiness to act as a public insurance adjuster. (b) Upon a finding by the Commissioner of a violation of subsection (a)(1) or (3) of this section, the Commissioner may impose a civil penalty not to exceed $1,000 for each violation. (c) This chapter shall not be applied or interpreted to bar a borrower from bringing an action pursuant to any District or federal law for damages, injunctive relief, or any other relief. (Mar. 27, 2003, D.C. Law 14-256, § 7, 50 DCR 238.) Section References This section is referenced in § 28-3811.
District of Columbia Legal Code