{"data":{"id":"us-dc/d.c.-code-26-316","jurisdiction":"us-dc","citation":"D.C. Code § 26-316","heading":"Revocation and suspension of license.","body":"(a)\nThe Superintendent [Commissioner] may revoke any license issued pursuant to this chapter if, after notice and a hearing, the Superintendent [Commissioner] finds that the licensee has:\n(1)\nCommitted any fraudulent acts, engaged in any dishonest activities, or made any misrepresentation in any business transaction;\n(2)\nBeen convicted of a felony under the laws of the District or the laws of any state or the United States;\n(3)\nViolated any provisions of the banking laws of the District or any rules or regulations promulgated thereunder, or has violated any other law in the course of dealings as a licensee;\n(4)\nMade a material misstatement in the application for a license under this chapter;\n(5)\nDemonstrated incompetency or untrustworthiness to act as a licensee;\n(6)\nViolated any provision of this chapter or of any implementing regulation; or\n(7)\nFailed to satisfy any of the criteria for obtaining a license as set out in §§ 26-306, 26-307, or 26-308.\n\n(b)\nA hearing for the purposes of this section shall be held in accordance with subchapter I of Chapter 5 of Title 2. Pending a hearing for the revocation of any license issued pursuant to this chapter, the Superintendent [Commissioner] may suspend the license for a period not to exceed 30 days if the Superintendent [Commissioner] determines that such a suspension is in the public interest and that one or more grounds for revocation of a license, as set forth in subsection (a) of this section, exist.\n\n(c)\nWhenever the Superintendent [Commissioner] suspends or revokes a license issued pursuant to this chapter, the Superintendent [Commissioner] shall immediately execute a written order stating the grounds for the suspension or revocation.  On the date the order is executed, the Superintendent [Commissioner] shall serve a copy thereof on the licensee either personally or by mailing the same to the last known address of the licensee.","path":["Title 26. Banks and Other Financial Institutions.","Chapter 3. Check Cashers."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/26-316","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"2f9f249595d421ac87157e0935d3a606ddd1fcaf385395129395765a15039560","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-26-315","next":"us-dc/d.c.-code-26-317"},"notice":"GroundRules: Original legal text. Not legal advice."}