(a) The Superintendent [Commissioner] shall report violations of any provision of this chapter to the Corporation Counsel. The Corporation Counsel may institute a civil action on behalf of the District for equitable or any other appropriate relief, including the imposition of civil fines provided in this section, unless different procedures or means of obtaining relief are specified in this chapter for the violation.
(b) Any person violating any provision of this chapter or any rule issued pursuant to this chapter shall be subject to a civil fine of not more than $1,000 per day for each day the violation continues, up to a maximum of $30,000 for a single violation, unless a different penalty is specified in § 26-1204(d)(4)(A), § 26-1204(d)(4)(B) or § 26-1205(g)(4)(B) for the violation, in which case the specified penalty shall apply.
(c) Any person who wilfully violates this chapter or any rule issued pursuant to this chapter shall be subject to a civil fine of not more than $5,000 a day for each day the violation continues, up to a maximum of $150,000, unless a different penalty is specified in § 26-1204(d)(4)(A), § 26-1204(d)(4)(B) or § 26-1205(g)(4)(B) for the violation, in which case the specified penalty shall apply.
(Oct. 12, 1988, D.C. Law 7-175, § 16, 35 DCR 6133.)
1981 Ed., § 26-915.
Structure District of Columbia Code
Title 26 - Banks and Other Financial Institutions
Chapter 12 - Savings and Loan Acquisition
§ 26–1202. Authorization of regional acquisitions
§ 26–1203. Authorization of regional branches
§ 26–1204. Conditions for regional acquisitions and regional branches
§ 26–1205. Authorization of nonregional acquisitions
§ 26–1206. Review of applications
§ 26–1210. Continued operations of existing associations and savings and loan holding companies
§ 26–1211. Status after conversion
§ 26–1214. Cooperative agreements and examinations
§ 26–1217. Use of minority-owned savings and loan associations