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District of Columbia Code Division V. Local Business Affairs § 26-1161.06. Renewal.

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) A license or registration issued under this chapter shall expire on a date to be determined by the Commissioner. A license or registration may thereafter be renewed for one-year term extensions as provided by this section.

(b) Before a license expires, the applicant may renew the license or registration for additional one-year terms, if the applicant:

(1) Demonstrates that the applicant continues to meet the standards for licensing or registration under this chapter and under all relevant provisions of the Banking Code;

(2) Pays all applicable fees as prescribed by the Commissioner and all third-party fees; and

(3) Submits to the Commissioner a renewal application on the form that the Commissioner requires.

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Cite this article: FindLaw.com - District of Columbia Code Division V. Local Business Affairs § 26-1161.06. Renewal. - last updated January 01, 2024 | https://codes.findlaw.com/dc/division-v-local-business-affairs/dc-code-sect-26-1161-06/

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