The Commissioner may deny a license to an applicant or suspend, revoke, or refuse to renew a license if the applicant or licensee: Violates the provisions of this chapter or any standard of conduct prescribed by the Commissioner in regulations; Makes a material misstatement in the application for the license; Engages in fraudulent or dishonest practices; or Demonstrates incompetency or untrustworthiness to act as a public insurance adjuster. Upon a finding by the Commissioner of a violation of subsection (a)(1) or (3) of this section, the Commissioner may impose a civil penalty not to exceed $1,000 for each violation. This chapter shall not be applied or interpreted to bar a borrower from bringing an action pursuant to any District or federal law for damages, injunctive relief, or any other relief.
‹ Prev All District Of Columbia sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.