(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.
(Mar. 7, 2015, D.C. Law 20-172, § 7, 61 DCR 12577.)
Structure District of Columbia Code
Title 26 - Banks and Other Financial Institutions
Chapter 11B - Nationwide Mortgage Licensing System Conformity
§ 26–1161.02. Unique identifier required
§ 26–1161.03. Form and contents of application
§ 26–1161.04. Background checks
§ 26–1161.05. Confidential information
§ 26–1161.07. Application fees
§ 26–1161.08. NMLS reporting requirements
§ 26–1161.09. NMLS information challenge process
§ 26–1161.10. Authority of Commissioner to issue regulations