§ 26-1117. Evasive business tactics.

Current through October 23, 2012

(a) If the Commissioner finds that the conduct of any other business conceals a violation or evasion of this chapter, any rule or regulation adopted under this chapter, or any law regulating mortgage loan lending in the District, the Commissioner may issue a written order to a licensee or person required to be licensed under this chapter to:

(1) Stop doing business at any place in which the other business is conducted or solicited; or

(2) Stop doing business in association or conjunction with the other business.

(b) A licensee or person required to be licensed under this chapter who violates an order of the Commissioner issued under this section shall be subject to the penalties provided by § 26-1118.

(c) The Commissioner may request the Attorney General of the District of Columbia to take appropriate action for the enforcement of an order issued under this section.

                
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(Sept. 9, 1996, D.C. Law 11-155, § 18, 43 DCR 4213; July 18, 2009, D.C. Law 18-38, § 2(k), 56 DCR 4290.)

HISTORICAL AND STATUTORY NOTES

Prior Codifications

1981 Ed., § 26-1017.

Effect of Amendments

D.C. Law 18-38 substituted "Commissioner" for "Superintendent"; in subsecs. (a) and (b), substituted "licensee or person required to be licensed under this chapter" for "licensee"; and, in subsec. (c), substituted "Attorney General" for "Corporation Counsel".

Legislative History of Laws

For legislative history of D.C. Law 11-155, see Historical and Statutory Notes following § 26-1101.

For Law 18-38, see notes following § 26-1101.