A merchant bank shall not be liquidated except as provided by this chapter or in accordance with the order of a court of competent jurisdiction.
D.C. Code § 26-831.11
Liquidation of merchant banks in general
Known as the Merchant Bank Act
The act spans §§ 26-831.01 to 26-831.22 (22 sections).
June 9, 2001, D.C
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.