District of Columbia § 26-551.06 Establishment of the Financial Institutions Advisory Board.

District of Columbia Statutes

§ 26-551.06 — Establishment of the Financial Institutions Advisory Board.

District of Columbia § 26-551.06

Title 26Banks and Other Financial Institutions.

Ch. 5BAdministration of the Banking Code.

Subch. IIIFinancial Institutions Advisory Board.

This text of District of Columbia § 26-551.06 (Establishment of the Financial Institutions Advisory Board.) 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 § 26-551.06 (2026).

Text

There is established a Financial Institutions Advisory Board (“Board”). The function of the Board is advisory. The Board shall give the Commissioner sound and impartial advice on the following matters:

(1)Applications by financial institutions, including international banking institutions, to become chartered or organized under the District of Columbia Banking Code;

(2)Protection of the interests of depositors and shareholders in financial institutions operating in the District;

(3)Protection of the interests of the general public related to the operation of financial institutions in the District;

(4)Development and maintenance of a modern system of financial institutions in the District; and

(5)Any other financial matter or matter concerning financial institutions operating in,

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There is established a Financial Institutions Advisory Board (“Board”). The function of the Board is advisory. The Board shall give the Commissioner sound and impartial advice on the following matters:

(1) Applications by financial institutions, including international banking institutions, to become chartered or organized under the District of Columbia Banking Code;

(2) Protection of the interests of depositors and shareholders in financial institutions operating in the District;

(3) Protection of the interests of the general public related to the operation of financial institutions in the District;

(4) Development and maintenance of a modern system of financial institutions in the District; and

(5) Any other financial matter or matter concerning financial institutions operating in, or affecting, the District.