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D.C. Code § 26-1401.05

Revocation or subsequent limitation of certificate of authority

Known as the Universal Bank Certification Act

The act spans §§ 26–26 (31 sections).

June 9, 2001, D.C

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.

Official source: D.C. Law Library (Council of the District of Columbia). Reproduced from public-domain District of Columbia statutes; confirm against the official source for the current text. Not legal advice.