District of Columbia § 31-713 Revocation, suspension, or nonrenewal of insurer’s license.

District of Columbia Statutes

§ 31-713 — Revocation, suspension, or nonrenewal of insurer’s license.

District of Columbia § 31-713

Title 31Insurance and Securities.

Ch. 7Holding Companies.

Subch. IHolding Company System.

This text of District of Columbia § 31-713 (Revocation, suspension, or nonrenewal of insurer’s license.) 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 § 31-713 (2026).

Text

Whenever it appears to the Mayor that any person has committed a violation of this subchapter which makes the continued operation of an insurer contrary to the interests of policyholders or the public, the Mayor may, after giving notice and an opportunity to be heard, suspend, revoke, or refuse to renew the insurer’s license or authority to do business in the District for such a period as the Mayor finds is required for the protection of policyholders or the public. Any determination shall be accompanied by specific findings of fact and conclusions of law.

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Whenever it appears to the Mayor that any person has committed a violation of this subchapter which makes the continued operation of an insurer contrary to the interests of policyholders or the public, the Mayor may, after giving notice and an opportunity to be heard, suspend, revoke, or refuse to renew the insurer’s license or authority to do business in the District for such a period as the Mayor finds is required for the protection of policyholders or the public. Any determination shall be accompanied by specific findings of fact and conclusions of law.