Section 26-1401.05 - Revocation or subsequent limitation of certificate of authority

Revocation or subsequent limitation of certificate of authority

If a universal bank fails to maintain the standards and requirements of § 26-1401.03(c), the Commissioner shall, by order, revoke or limit the exercise of the powers of the universal bank.

CREDIT(S)

(June 9, 2001, D.C. Law 13-308, § 205, 48 DCR 3244.)

HISTORICAL AND STATUTORY NOTES

Legislative History of Laws
For Law 13-308, see notes following § 26-1401.01.

Current through September 13, 2012