District of Columbia Statutes
§ 26-1120 — Limitation on name of mortgage business.
District of Columbia·Title 26 Banks and Other Financial Institutions.·Ch. 11 Mortgage Lenders and Brokers.
A mortgage lender, mortgage broker, mortgage loan originator, or loan officer may not do business under any trade name that misrepresents or tends to misrepresent that the mortgage lender is:
(1)A bank, trust company, or savings bank;
(2)A savings and loan association;
(3)A credit union; or
(4)An insurance company.
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Legislative History
Sept. 9, 1996, D.C. Law 11-155, § 21, 43 DCR 4213; July 18, 2009, D.C. Law 18-38, § 2(n), 56 DCR 4290
Nearby Sections
15
§ 26-1001
Definitions.§ 26-1002
License required.§ 26-1003
Exemptions.§ 26-1004
License qualifications.§ 26-1006
License application.§ 26-1007
Bond or other security device.§ 26-1008
Application fee.§ 26-1009
Issuance of license.§ 26-1011
Special reporting requirements.§ 26-1012
Changes in control of a licensee.§ 26-1013
Examinations.§ 26-1014
Maintenance of records.