Title 26 — Banks and Other Financial Institutions.
22 chapters · 372 sections in this title.
D.C. Code § 26-101 Supervision by Comptroller of Currency — Required reports; power to take possession of bank or company
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Except as provided in the District of Columbia Regional Interstate Banking Act of 1985 Amendments Act of 1985 [D.C. Law 6-107], all savings banks, or savings companies, or trust companies, or other banking institutions, organized under authority of any act of Congress to do busin…
D.C. Code § 26-102 Supervision by Comptroller of Currency — Examinations; applicable federal provisions; establishment and maintenance of reserves
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(a) The Comptroller of the Currency, in addition to the powers now conferred upon him by law for the examination of national banks, is hereby further authorized, whenever he may deem it advisable, to cause examination to be made into the condition of any bank mentioned in § 26-10…
D.C. Code § 26-103 Banking businesses to be organized under local or federal provisions; approval of Commissioner of the Department of Insurance, Securities, and Banking required; liquidation of solvent institutions; discontinuance of operation; violations; establishment of international banking facility
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(a) No banking business shall be done in the District of Columbia except by corporations organized in accordance with the provisions of this Code, as amended, or by national banking associations organized in accordance with the laws of the United States or by banks organized in a…
D.C. Code § 26-104 Liability of shareholders — Individual responsibility; applicable federal provisions
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(a) The shareholders, on March 4, 1933, of every savings bank or savings company other than building associations organized under authority of any act of Congress to do business in the District of Columbia, and of every banking institution organized by virtue of the laws of any o…
D.C. Code § 26-105 Liability of shareholders — Termination
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The additional liability imposed by § 26-104 upon the shareholders of savings banks, savings companies, and banking institutions and the additional liability imposed by § 26-1322 upon the shareholders of trust companies, shall cease to apply on July 1, 1937, with respect to such …
D.C. Code § 26-106 Declaration of dividends
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Each such savings bank, savings company, banking institution, and trust company shall, before the declaration of a dividend on its shares of common stock, carry not less than one-tenth part of its net profits of the preceding half year to its surplus fund until the same shall equ…
D.C. Code § 26-107 Restriction on use of words “bank” and “trust company”; violations
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(a) No corporation, association, partnership, or individual shall carry on any business in the District of Columbia under any name or title containing the word “bank” or the words “trust company” unless: (1) The business is being carried on under the name or title on March 4, 193…
D.C. Code § 26-108 Making or repeating false statements
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Repealed Repealed.
D.C. Code § 26-109 Applicability of provisions on federal reserve banks to nonmember banks
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All acts prohibited by the provisions of § 501 of Title 12 and §§ 334, 656, 1004, and 1005 of Title 18, United States Code, as amended, and §§ 375, 375a, 376, and 503 of Title 12, and §§ 212, 213, 214, 215, 655, 1005, 1014, 1906, and 1909 of Title 18, United States Code, as amend…
D.C. Code § 26-110 Authority of notaries public associated with corporations
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It shall be lawful for any notary public who is a stockholder, director, officer, or employee of a bank, trust company, or other corporation to take the acknowledgment of any party to any written instrument executed to or by such corporation, or to administer an oath to any other…
D.C. Code § 26-111 Utility bill payments services
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(a) Any financial institution that offers utility bill payment services in the District of Columbia shall not charge any consumer a fee for processing a utility bill payment. The requirements of this section shall apply to any financial institution whose deposits or shares are in…