District of Columbia Statutes

§ 26-321 — Cease and desist orders.

District of Columbia·Title 26 Banks and Other Financial Institutions.·Ch. 3 Check Cashers.
(a)The Superintendent [Commissioner] may institute an administrative cease and desist proceeding if the Superintendent [Commissioner] determines that a licensee or person required to have a license under this chapter has violated, is violating, or is about to violate any provision of this chapter or any rule, regulation, order, or condition imposed by the Mayor or Superintendent [Commissioner], or written agreement entered into with the Mayor or Superintendent [Commissioner], pursuant to this chapter.
(1)A cease and desist proceeding shall be initiated by the issuance of a notice of charges which shall contain a statement of facts describing the alleged violation or violations.
(2)The notice of charges shall set a date, time, and place at which a hearing will be held to determine

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Legislative History

May 12, 1998, D.C. Law 12-111, § 22, 45 DCR 1782

Nearby Sections

15
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