District of Columbia § 26-1021 Civil penalties.

District of Columbia Statutes

§ 26-1021 — Civil penalties.

District of Columbia·Title 26 Banks and Other Financial Institutions.·Ch. 10 Money Transmissions.

(a)Any person who violates any provision of this chapter, any rule or regulation or order issued or promulgated pursuant to this chapter, or any order of the Superintendent [Commissioner] directed to that person, shall be liable for a penalty of not more than $1,000 for each violation.

(b)The Corporation Counsel for the District of Columbia may bring proceedings to recover all amounts due to the District under this section.

(c)The Superintendent [Commissioner], in the exercise of his reasonable judgment, is authorized to compromise, settle, and collect civil penalties with or from any person for violations of any provision of this chapter, or of any rule, regulation or order issued or promulgated pursuant to this chapter.

Free access — add to your briefcase to read the full text and ask questions with AI

(a) Any person who violates any provision of this chapter, any rule or regulation or order issued or promulgated pursuant to this chapter, or any order of the Superintendent [Commissioner] directed to that person, shall be liable for a penalty of not more than $1,000 for each violation.

(b) The Corporation Counsel for the District of Columbia may bring proceedings to recover all amounts due to the District under this section.

(c) The Superintendent [Commissioner], in the exercise of his reasonable judgment, is authorized to compromise, settle, and collect civil penalties with or from any person for violations of any provision of this chapter, or of any rule, regulation or order issued or promulgated pursuant to this chapter.

District of Columbia § 26-1021 (Civil penalties.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.