District of Columbia Statutes
§ 31-5051.05 — Penalties.
District of Columbia § 31-5051.05
JurisdictionDistrict of Columbia
Title 31Insurance and Securities.
Ch. 50CPortable Electronics Insurance.
This text of District of Columbia § 31-5051.05 (Penalties.) 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 § 31-5051.05 (2026).
Text
(a)A vendor shall report any violation of this chapter to the Commissioner within 30 days of discovery of the violation by the vendor.
(b)If a vendor of portable electronics or its employee or authorized representative violates any provision of this chapter, the Commissioner may:
(1)After notice and hearing, impose fines not to exceed $2,500 per violation or a $10,000 maximum fine in the aggregate for such conduct; and
(2)After notice and hearing, impose other penalties that the Commissioner considers necessary and reasonable to carry out the purpose of this chapter, including:
(A)Suspending the privilege of transacting portable electronics insurance pursuant to this section at specific business locations where violations have occurred; and
(B)Suspending or revoking
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Legislative History
May 1, 2013, D.C. Law 19-306, § 105, 60 DCR 2746
Nearby Sections
15
§ 31-1001
Report requirement.§ 31-1004
Confidentiality.§ 31-101
Definitions.§ 31-103
Functions and duties.§ 31-105
Transfers.§ 31-106
Organization.§ 31-106.01
Student Loan Ombudsman.§ 31-106.02a
Prohibited conduct – student loan servicers.§ 31-106.02b
Affirmative duties – student loan servicers.§ 31-106.02c
Prohibited acts – private education lenders.Cite This Page — Counsel Stack
Bluebook (online)
District of Columbia § 31-5051.05, Counsel Stack Legal Research, https://law.counselstack.com/statute/dc/31-5051.05.