If any such company shall fail to file the annual statement herein required, the Commissioner of Insurance and Securities [Commissioner of the Department of Insurance, Securities, and Banking] may thereupon revoke its license or certificate of authority to transact business in the District of Columbia.
(Aug. 17, 1937, 50 Stat. 676, ch. 690, title II, § 5; renumbered as § 7, Sept. 26, 1984, D.C. Law 5-113, § 401, 31 DCR 3974; enacted, Apr. 9, 1997, D.C. Law 11-254, § 2, 44 DCR 1575; May 21, 1997, D.C. Law 11-268, § 10(jj), 44 DCR 1730.)
1981 Ed., § 47-2607.
1973 Ed., § 47-1805.
Mayor authorized to issue rules: See notes to § 47-2601.
Department of Insurance abolished: See Historical and Statutory Notes following § 47-2603.
Structure District of Columbia Code
Title 47 - Taxation, Licensing, Permits, Assessments, and Fees. [Enacted title]
Chapter 26 - Insurance Companies
§ 47–2602. Domicile of insurer organized in foreign country
§ 47–2603. Licenses; fee; term
§ 47–2604. Penalty for engaging in business without license or certificate of authority
§ 47–2606. Annual statements; filing fee
§ 47–2607. Revocation of license for failure to file statement
§ 47–2608.01. Health service corporations. [Repealed]