District of Columbia Statutes

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

District of Columbia·Title 31 Insurance and Securities.·Ch. 7 Holding Companies.·Subch. I Holding Company System.
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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District of Columbia § 31-713 (Revocation, suspension, or nonrenewal of insurer’s license.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Oct. 21, 1993, D.C. Law 10-44, § 15, 40 DCR 6027

Nearby Sections

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