Section 26-C101. SCOPE

 

101.1These rules shall govern the chartering, licensing and granting of authorization to do business for:

 

(a)Banks, trust companies, or other financial institutions including District branches and agencies of foreign banks seeking to establish in the District, pursuant to D.C. Official Code §§ 26-101 et seq., an office or banking house where deposits or savings are received;

 

(b)Savings and loan associations and similar thrift institutions seeking to establish in the District, pursuant to D.C. Official Code §§ 26-201 et seq., an office doing a thrift business; and

 

(c)National banks converting to a District bank charter.

 

101.2These rules shall govern the supervision of the following:

 

(a)Any entity organized or chartered pursuant to D.C. Official Code §§ 26-101 et seq.;

 

(b)Any District bank organized pursuant to the laws of the District of Columbia;

 

(c)Any regional bank holding company wishing to do business, doing business, or expanding the scope of its business in the District;

 

(d)Any nonregional bank holding company wishing to do business, doing business, or expanding the scope of its business in the District;

 

(e)Any District savings and loan association, savings bank, or similar thrift institution organized pursuant to the laws of the District of Columbia;

 

(f)Any District branch or agency of a foreign bank;

 

(g)Changes in control of covered District financial institutions; and

 

(h)The opening and establishing of branches and other business offices by financial institutions.

 

101.3[RESERVED]

 

101.4These rules establish procedures for the following:

 

(a)Reserving a name under which a financial institution may do business; and

 

(b)Obtaining a certificate of authority or of good standing from the Commissioner.

 

source

Final Rulemaking published at 35 DCR 6276, 6277-6278 (August 19, 1988).