{"data":{"id":"us-dc/d.c.-code-26-831.06","jurisdiction":"us-dc","citation":"D.C. Code § 26-831.06","heading":"Voluntary termination of certification of authority.","body":"An applicant that is chartered as a merchant bank under this chapter may elect to terminate its charter by giving 60 days prior written notice of the termination to the Commissioner. A termination under this section shall be effective only with the written approval of the Commissioner. An applicant shall, as a condition to a termination under this section, terminate its exercise of all powers granted under this chapter before the termination of the certification. The Commissioner’s written approval of a applicant’s termination under this section shall be void if the applicant fails to satisfy the condition to termination under this section.","path":["Title 26. Banks and Other Financial Institutions.","Chapter 8A. Merchant Banks.","Subchapter II. Application and Certification as a Merchant Bank."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/26-831.06","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"a18960645c60d0131a8cea50681499a567ca3dbf00c92960fa844f1258e663a2","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-26-831.05","next":"us-dc/d.c.-code-26-831.07"},"notice":"GroundRules: Original legal text. Not legal advice."}