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The DC Code: § 31-713 Revocation, suspension, or nonrenewal of insurer's license.

Index31 Insurance and Securities. (Refs & Annos)

Whenever it appears to the Mayor that any person has committed a violation of this subchapter which makes the continued operation of an insurer contrary to the interests of policyholders or the public, the Mayor may, after giving notice and an opportunity to be heard, suspend, revoke, or refuse to renew the insurer's license or authority to do business in the District for such a period as the Mayor finds is required for the protection of policyholders or the public. Any determination shall be accompanied by specific findings of fact and conclusions of law.

Historical and Statutory

Prior Codifications 1981 Ed., § 35-3713. Legislative History of Laws For legislative history of D.C. Law 10-44, see Historical and Statutory Notes following § 31-701. Editor's Notes Because of the codification of D.C. Law 11-159 as subchapter II of Chapter 37 of Title 35 [subchapter II of Chapter 7 of Title 31, 2001 Ed.], and the designation of the preexisting text as subchapter I, "subchapter" has been substituted for "chapter" in this section. DC CODE § 31-713 Current through December 11, 2012

Credits

(Oct. 21, 1993, D.C. Law 10-44, § 15, 40 DCR 6027.)