District of Columbia § 26-1106 Rejection of license application.

District of Columbia Statutes

§ 26-1106 — Rejection of license application.

District of Columbia § 26-1106

Title 26Banks and Other Financial Institutions.

Ch. 11Mortgage Lenders and Brokers.

This text of District of Columbia § 26-1106 (Rejection of license application.) 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 § 26-1106 (2026).

Text

(1)If an applicant does not meet the requirements of § 26-1103 , the Superintendent [Commissioner] shall:

(A)Immediately notify the applicant in writing of this fact;

(B)Return the bond filed under § 26-1103 ; and

(C)Refund the license fee.

(2)The Superintendent [Commissioner] shall, subject to the appropriations process, keep the investigation fee and application fee.

(b)Within 30 days after the Superintendent [Commissioner] denies an application, the Superintendent [Commissioner] shall:

(1)Issue a written decision containing the reasons upon which the denial was based;

(2)Send a copy of the decision to the applicant; and

(3)Advise the applicant of a right to a hearing which shall be held in accordance with subchapter I of Chapter 5 of Title 2 . (

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

(1) If an applicant does not meet the requirements of § 26-1103 , the Superintendent [Commissioner] shall:

(A) Immediately notify the applicant in writing of this fact;

(B) Return the bond filed under § 26-1103 ; and

(C) Refund the license fee.

(2) The Superintendent [Commissioner] shall, subject to the appropriations process, keep the investigation fee and application fee.

(b) Within 30 days after the Superintendent [Commissioner] denies an application, the Superintendent [Commissioner] shall:

(1) Issue a written decision containing the reasons upon which the denial was based;

(2) Send a copy of the decision to the applicant; and

(3) Advise the applicant of a right to a hearing which shall be held in accordance with subchapter I of Chapter 5 of Title 2 .

(1) An applicant who seeks a hearing on a license application denial shall file a written request for a hearing within 45 days following receipt of the written decision for denial.

(2) A hearing date established in response to the filing of a notice under this subsection may be postponed only once for a period of up to 30 days after the initial hearing date.