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D.C. Municipal Regulations (Last Updated: September 13, 2017) |
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Title 26. INSURANCE, SECURITIES, AND BANKING |
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SubTilte 26-C. BANKING AND FINANCIAL INSTITUTONS |
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Chapter 26-C25. CONSUMER RETAIL CREDIT |
Section 26-C2520. DE-REGISTRATION
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2520.1If the Director of the Department or his or her designee believes there is evidence to indicate a persistent pattern of conduct by a registrant in violation of this chapter, the Department may give notice to the registrant of the Department's intent to hold a hearing to determine whether the registrant's registration under this chapter should be suspended.
2520.2The hearing shall be scheduled not sooner than fifteen (15) days from the date of the notice.
2520.3The notice to be given by the Department shall state the time and place for the hearing and the basis upon which the Department proposes to suspend the registrant's registration.
2520.4The notice shall be served upon the registrant personally or be served by one of the following means:
(a)By leaving the notice at the last business address (or home address, if there is no business address) of which the Department has been given notice by the registrant; or
(b)By mailing the notice by certified mail to the last business address (or home address if there is no business address) of which the Department has been given notice by the registrant; or
(c)In accordance with § 2503, if the registrant is a non-resident.
2520.5Notice of the hearing shall be published in the D.C. Register at least fifteen (15) days prior to the date of the hearing.
2520.6The Department shall conduct the hearing in accordance with the provisions of § 10 of the D.C. Administrative Procedure Act (D.C. Official Code § 2-509 (2001)).
2520.7If, on the basis of the evidence, the Director of the Department or his or her designee is satisfied that the registrant has engaged in a persistent pattern of conduct that is in violation of this chapter, he or she may issue an order suspending the registrant's registration for such time and under such circumstances as the Department deems proper, including, but not limited to a permanent suspension of the registration.
2520.8The Director of the Department is authorized to promulgate rules of procedure to govern such hearings, consistent with the D.C. Administrative Procedure Act.