(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.
(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.)
1981 Ed., § 26-1017.
This section is referenced in § 26-1119.
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”.
Structure District of Columbia Code
Title 26 - Banks and Other Financial Institutions
Chapter 11 - Mortgage Lenders and Brokers
§ 26–1103. License requirements
§ 26–1104. Issuance of license
§ 26–1105. Acquisition of control; application
§ 26–1106. Rejection of license application
§ 26–1107. License expiration and renewal; annual fee
§ 26–1108. Change of place of business
§ 26–1109. Record keeping requirements
§ 26–1111. Surrender of license
§ 26–1112. Examinations and investigations
§ 26–1113. Required loan disclosures
§ 26–1114. Prohibited practices
§ 26–1117. Evasive business tactics
§ 26–1118. Suspension, revocation, and enforcement
§ 26–1120. Limitation on name of mortgage business
§ 26–1120.01. Confidential information
§ 26–1120.02. Nationwide Mortgage Licensing System and Registry reporting requirements
§ 26–1120.03. Nationwide Mortgage Licensing System and Registry information challenge process
§ 26–1121. Authority of Commissioner to issue rules and regulations