District of Columbia Statutes

§ 26-1011 — Special reporting requirements.

District of Columbia § 26-1011
JurisdictionDistrict of Columbia
Title 26Banks and Other Financial Institutions.
Ch. 10Money Transmissions.

This text of District of Columbia § 26-1011 (Special reporting requirements.) is published on Counsel Stack Legal Research, covering District of Columbia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
D.C. Code § 26-1011 (2026).

Text

Within 15 days of the occurrence of any of the events listed below, a licensee shall file a written report with the Superintendent [Commissioner] describing the event and its expected impact on the licensee’s activities in the District:

(1)The filing for bankruptcy or reorganization by the licensee;
(2)The institution of revocation or suspension proceedings against the licensee by any state or governmental authority with regard to the licensees’ money transmission activities;
(3)Any felony indictment of the licensee or any of its key officers or directors related to money transmission activities; or
(4)Any felony conviction of the licensee or any of its key officers or directors related to money transmission activities.

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Legislative History

July 18, 2000, D.C. Law 13-140, § 12, 47 DCR 3431

Nearby Sections

15
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Bluebook (online)
District of Columbia § 26-1011, Counsel Stack Legal Research, https://law.counselstack.com/statute/dc/26-1011.