D.C. Code § 26-551.15: Modification or rescission of orders.
Where this section sits in the code
- Title 26. Banks and Other Financial Institutions.
- Chapter 5B. Administration of the Banking Code.
- Subchapter IV. Investigation, Examination, and Enforcement Powers of the Commissioner.
The Commissioner may modify or rescind a final order issued under § 26-551.13 after receiving and considering a request from a financial institution, a financial institution’s affiliate or subsidiary, or any other party to the investigatory proceeding, if the Commissioner determines that:
(1)
It is in the public interest to modify or rescind the final order; and
(2)
It is reasonable to believe that the financial institution, the financial institution’s affiliate or subsidiary, or the other party to the investigatory proceeding will engage in safe and sound practices and will comply with the District of Columbia Banking Code.
Collected 2026-08-29T05:44:07Z. Source file · JSON