District of Columbia Statutes

§ 26-551.15 — Modification or rescission of orders.

District of Columbia § 26-551.15
JurisdictionDistrict of Columbia
Title 26Banks and Other Financial Institutions.
Ch. 5BAdministration of the Banking Code.
Subch. IVInvestigation, Examination, and Enforcement Powers of the Commissioner.

This text of District of Columbia § 26-551.15 (Modification or rescission of orders.) 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 § 26-551.15 (2026).

Text

The Commissioner may modify or rescind a final order issued under § 26-551.13 after receiving and considering a request from a financial institution, a financial institution’s affiliate or subsidiary, or any other party to the investigatory proceeding, if the Commissioner determines that:

(1)It is in the public interest to modify or rescind the final order; and
(2)It is reasonable to believe that the financial institution, the financial institution’s affiliate or subsidiary, or the other party to the investigatory proceeding will engage in safe and sound practices and will comply with the District of Columbia Banking Code.

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Legislative History

June 9, 2001, D.C. Law 13-308, § 115, 48 DCR 3244

Nearby Sections

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Bluebook (online)
District of Columbia § 26-551.15, Counsel Stack Legal Research, https://law.counselstack.com/statute/dc/26-551.15.