D.C. Municipal Regulations (Last Updated: September 13, 2017) |
Title 26. INSURANCE, SECURITIES, AND BANKING |
SubTilte 26-C. BANKING AND FINANCIAL INSTITUTONS |
Chapter 26-C26. LOANING MONEY |
Section 26-C2611. PENALTIES AND FORFEITURES
Latest version.
-
2611.1In addition to all other penalties and forfeitures provided by law, any person violating any provision of this chapter, upon conviction, be fined three hundred dollars ($ 300), imprisoned for not less than thirty (30) days, or more than ninety (90) days, or both. In addition, the court may order any person violating this act to make restitution for the value of property illegally obtained as a result of the violation.
2611.2Money lender's licenses of both Class A and Class B shall be subject to revocation as provided in § 6 of the 1913 Act for any violation of this chapter.
source
Section 10 of the Regulations for the conduct of the business of loaning money, Commissioners' Order 275,403/13, promulgated September 6, 1949, 5Q DCRR §§ 10.1 and 10.2, Special Edition (September 21, 1970); as amended by § 3 of the Money Lenders Licensing Amendment Act of 1986, D.C. Law 6-188, 33 DCR 7687, 7690.