D.C. Municipal Regulations (Last Updated: September 13, 2017) |
Title 26. INSURANCE, SECURITIES, AND BANKING |
SubTilte 26-C. BANKING AND FINANCIAL INSTITUTONS |
Chapter 26-C11. MORTGAGE LENDERS, MORTGAGE BROKERS AND MORTGAGE LOAN ORIGINATORS |
Section 26-C1110. FINANCIAL STATEMENTS
Latest version.
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1110.1An applicant for a mortgage lender, mortgage broker, or mortgage dual authority license shall submit financial statements prepared in accordance with generally accepted accounting principles.
1110.2The financial statements shall include, but not be limited to, a balance sheet, income statement, statement of cash flows, and all relevant notes thereto.
1110.3The financial statements shall include information for the current year to date through the most recent quarter ending date and for the preceding fiscal year, and shall include any other financial information as the Commissioner may require.
source
Final Rulemaking published at 56 DCR 4356, 4365 (June 5, 2009).