District of Columbia Official Code 2001 Edition. |
Division V. Local Business Affairs. |
Title 31. Insurance and Securities. |
Subtitle I. Government Agencies. |
Chapter 1. Department of Insurance, Securities, and Banking. |
Subchapter I. Establishment of the Department of Insurance and Securities Regulation. |
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Current through October 23, 2012
(a) All positions, property, records, and unexpended balances of appropriations, allocations, assessments, and other funds available or to be made available to the Department of Consumer and Regulatory Affairs and the Public Service Commission relating to the duties and functions assigned herein, are transferred to the Department.
(b) All powers, duties, and functions transferred to the Department of Banking and Financial Institutions under § 26-551.03, are hereby transferred to the Department.
(c) All positions, property, records, and unexpended balances of appropriations, allocations, assessments, and other funds available or to be made available to the Department of Banking and Financial Institutions under § 26-551.03, are hereby transferred to the Department.
(May 21, 1997, D.C. Law 11-268, § 6, 44 DCR 1730; June 11, 2004, D.C. Law 15-166, § 3(e), 51 DCR 2817; Apr. 13, 2005, D.C. Law 15-354, § 40(d), 52 DCR 2638.)
HISTORICAL AND STATUTORY NOTES
Prior Codifications
1981 Ed., § 35-125.
Effect of Amendments
D.C. Law 15-166 designated the existing text as subsec. (a); and added subsecs. (b) and (c).
D.C. Law 15-354, in subsec. (a), validated a previously made technical correction.
Emergency Act Amendments
For temporary (90 day) amendment of section, see § 3(e) of Consolidation of Financial Services Emergency Amendment Act of 2004 (D.C. Act 15-381, February 27, 2004, 51 DCR 2653).
Legislative History of Laws
For legislative history of D.C. Law 11-268, see Historical and Statutory Notes following § 31-101.
For Law 15-166, see notes following § 31-101.
For Law 15-354, see notes following § 31-101.