Section 26-C1123. EXAMINATIONS AND INVESTIGATIONS

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1123.1 To defray the costs of examination, every mortgage lender, mortgage broker, and mortgage loan originator required to be licensed under this chapter shall be subject to an examination fee as prescribed in Appendix A.
1123.2 A licensee who has been charged and pays an examination fee, shall not be subject to an annual assessment fee in the same year unless the following occurs:

(a) The Commissioner determines that an out-of-state examination is necessary; or

(b) The Commissioner determines that a special investigation is necessary.

1123.3 The Commissioner may examine a licensee located outside the District ofColumbia and charge the licensee for the cost of actual travel and housing expenses incurred to conduct the examination.

source

Final Rulemaking published at 56 DCR 4356, 4375 (June 5, 2009).

                    
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