District of Columbia Statutes
§ 26-741 — Rules.
District of Columbia·Title 26 Banks and Other Financial Institutions.·Ch. 7 Interstate Banking and Branching.
(a)The Superintendent [Commissioner], pursuant to subchapter I of Chapter 5 of Title 2 , shall issue rules to implement the provisions of this subchapter.
(b)The proposed rules shall be submitted to the Council for a 45-day period of review, excluding Saturdays, Sundays, legal holidays, and days of Council recess. If the Council does not approve or disapprove the proposed rules, in whole or in part, by resolution within this 45-day review period, the proposed rules shall be deemed approved.
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Legislative History
June 13, 1996, D.C. Law 11-142, § 12, 43 DCR 2159
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.