Revocation or subsequent limitation of certificate of authority

  1. Law
  2. District of Columbia Code
  3. Banks and Other Financial Institutions
  4. Merchant Banks
  5. Application and Certification as a Merchant Bank
  6. Revocation or subsequent limitation of certificate of authority

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If a merchant bank fails to maintain the standards and requirements of this chapter, the Commissioner shall, by order, revoke or limit the exercise of the powers of the merchant bank’s authority.

(June 9, 2001, D.C. Law 13-308, § 305, 48 DCR 3244.)


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