reglab/housing_qa huggingface dataset:
DC Code § 26-1207 (2021)
2021 District of Columbia Code|Title 26 - Banks and Other Financial Institutions|Chapter 12 - Savings and Loan Acquisition|§ 26-1207. Prohibitions

(a) Except as otherwise expressly permitted by this chapter or other applicable District or federal law, an association or savings and loan holding company that is not a District association or District savings and loan holding company or is not a regional association or regional savings and loan holding company: (1) May not acquire a District association or savings and loan holding company; and (2) May not acquire a regional association or regional savings and loan holding company that controls a District association or District savings and loan holding company. (b)(1) Except as provided under paragraph (2) of this subsection, if a District association or District savings and loan holding company or regional association or regional savings and loan holding company ceases to be a District association, District savings and loan holding company, regional association, or regional savings and loan holding company, the association or savings and loan holding company shall, within 2 years, divest itself of all District associations and District savings and loan holding companies and all District branches of any other subsidiary association. (2) A regional savings and loan holding company, regional association, District savings and loan holding company, or District association may not be required to divest its District associations, District savings and loan holding companies, or District branches if: (A) An institution in another state, not within the region, was or is acquired pursuant to an emergency supervisory acquisition under federal law; (B) An association having branches in a state other than within the region was or is acquired in the regular course of securing or collecting a debt previously contracted in good faith and the association or savings and loan holding company divests the association or branches acquired outside of the region within 2 years of the date of the acquisition; (C) An increase in deposits in branches or association subsidiaries, not within the region, is the result of an occurrence other than de novo branching or the acquisition of an association or savings and loan holding company; or (D) The change in status results from an acquisition authorized by this chapter.  (Oct. 12, 1988, D.C. Law 7-175, § 8, 35 DCR 6133.)  Prior Codifications 1981 Ed., § 26-907.
DC Code § 26-1208 (2021)
2021 District of Columbia Code|Title 26 - Banks and Other Financial Institutions|Chapter 12 - Savings and Loan Acquisition|§ 26-1208. District status

(a) A District association that is controlled by a savings and loan holding company other than a District savings and loan holding company shall be subject and entitled to the benefit of all laws of the District and the rules promulgated pursuant to laws relating to the acquisition, ownership, affiliations, branching, and operations of District associations controlled by District savings and loan holding companies. (b) Any restrictions, limitations, prohibitions, or requirements pursuant to this section pertaining to the conduct of business in the District by an association or savings and loan holding company shall not apply to corporate, business, investment, or other activities of the association or savings and loan holding company outside the District. (c) An association or a savings and loan holding company that controls an association or branches located in the District shall file with the Superintendent [Commissioner]: (1) Copies of all regular and periodic reports that the savings and loan association or savings and loan holding company is required to file under §§ 13 and 15(d) of the Securities Exchange Act of 1934 (15 U.S.C. §§ 78m and 78o(d)), excluding any portions not required to be made available to the public; and (2) Any other information regarding the District association or branches that the Superintendent [Commissioner] shall require by rule. (d) The Superintendent [Commissioner] shall promptly notify the Council of any regional or nonregional associations and savings and loan holding companies that control District associations or have District association subsidiaries that fail or refuse to submit information as required in subsection (c) of this section.  (Oct. 12, 1988, D.C. Law 7-175, § 9, 35 DCR 6133.)  Prior Codifications 1981 Ed., § 26-908.
DC Code § 26-1209 (2021)
2021 District of Columbia Code|Title 26 - Banks and Other Financial Institutions|Chapter 12 - Savings and Loan Acquisition|§ 26-1209. Rules

The Superintendent [Commissioner] shall, pursuant to subchapter I of Chapter 5 of Title 2, issue proposed rules to implement the provisions of this chapter. The proposed rules shall be submitted to the Council for a 45-day review period, excluding Saturdays, Sundays, legal holidays, and days of Council recess. If the Council does not approve or disapprove the proposed rules, in whole or in part, by resolution within this 45-day review period, the proposed rules shall be deemed approved. Nothing in this section shall affect the requirements imposed upon the Mayor by subchapter I of Chapter 5 of Title 2.  (Oct. 12, 1988, D.C. Law 7-175, § 10, 35 DCR 6133.)  Prior Codifications 1981 Ed., § 26-909.
DC Code § 26-1210 (2021)
2021 District of Columbia Code|Title 26 - Banks and Other Financial Institutions|Chapter 12 - Savings and Loan Acquisition|§ 26-1210. Continued operations of existing associations and savings and loan holding companies

(a) This chapter shall not be construed to require divestiture by an association or a savings and loan holding company that acquired its subsidiary District association or District savings and loan holding company prior to October 12, 1988. (b) This chapter shall not require a regional association that, on October 12, 1988, has branch offices in the District and conducts business in the District to divest itself of any branch offices or to cease or otherwise limit its business or branching activities in the District.  (Oct. 12, 1988, D.C. Law 7-175, § 11, 35 DCR 6133.)  Prior Codifications 1981 Ed., § 26-910.
DC Code § 26-1211 (2021)
2021 District of Columbia Code|Title 26 - Banks and Other Financial Institutions|Chapter 12 - Savings and Loan Acquisition|§ 26-1211. Status after conversion

(a) An association’s status as a regional association shall not be affected by the association’s conversion, after October 12, 1988, from a federal charter to a charter issued by a state in the region or by the association’s conversion from a state charter to a federal charter, so long as the association otherwise continues to qualify as a regional association under the provisions of § 26-1201(19). (b) An association’s status as a District association or a regional association may not be affected by the association’s conversion, after October 12, 1988, from an association insured by the Federal Deposit Insurance Corporation to an association insured by the Federal Savings and Loan Insurance Corporation or by the association’s conversion from an association insured by the Federal Savings and Loan Insurance Corporation to an association insured by the Federal Deposit Insurance Corporation so long as the association continues to be a District association or a regional association as defined in § 26-1201(8) or § 26-1201(19).  (Oct. 12, 1988, D.C. Law 7-175, § 12, 35 DCR 6133.)  Prior Codifications 1981 Ed., § 26-911. References in Text The “Federal Savings and Loan Insurance Corporation”, referred to in (b), has been abolished. For provisions relating to the abolition of the Federal Savings and Loan Insurance Corporation and the transfer of functions, personnel and property of that agency, see §§ 401 to 406 of Pub. L. 101-73, set out as a note under 12 U.S.C. § 1437.
DC Code § 26-1212 (2021)
2021 District of Columbia Code|Title 26 - Banks and Other Financial Institutions|Chapter 12 - Savings and Loan Acquisition|§ 26-1212. Insurance

Following an acquisition pursuant to this chapter, the deposits of any resulting association doing business in the District shall be insured by either the Federal Deposit Insurance Corporation pursuant to 12 U.S.C. § 1811 et seq., or the Federal Savings and Loan Insurance Corporation pursuant to 12 U.S.C. § 1724 et seq. [repealed].  (Oct. 12, 1988, D.C. Law 7-175, § 13, 35 DCR 6133.)  Prior Codifications 1981 Ed., § 26-912. References in Text “ 12 U.S.C. § 1724 et seq.”, referred to in this section, was repealed by Pub. L. 101-73, title IV, § 407, August 9, 1989, 103 Stat. 363. The “Federal Savings and Loan Insurance Corporation”, referred to in this section, has been abolished. For provisions relating to the abolition of the Federal Savings and Loan Insurance Corporation and the transfer of functions, personnel and property of that agency, see §§ 401 to 406 of Pub. L. 101-73, set out as a note under 12 U.S.C. § 1437.
DC Code § 26-1213 (2021)
2021 District of Columbia Code|Title 26 - Banks and Other Financial Institutions|Chapter 12 - Savings and Loan Acquisition|§ 26-1213. Federal exclusion

This chapter shall not be construed to: (1) Grant the Superintendent [Commissioner] or any other District agency jurisdiction over a federal association or any merger or consolidation of a federal association in which an association chartered by the District is not a party; or (2) Subject any federal association to any law or rule of the District or its agencies to which it is not otherwise subject.  (Oct. 12, 1988, D.C. Law 7-175, § 14, 35 DCR 6133.)  Prior Codifications 1981 Ed., § 26-913.
DC Code § 26-1214 (2021)
2021 District of Columbia Code|Title 26 - Banks and Other Financial Institutions|Chapter 12 - Savings and Loan Acquisition|§ 26-1214. Cooperative agreements and examinations

(a) The Superintendent [Commissioner] shall examine all nonfederal District associations controlled by an association or savings and loan holding company and all District branches controlled by an association or savings and loan holding company. (b) The Superintendent [Commissioner] may enter into cooperative agreements with any other savings and loan regulatory agency to facilitate the regulation and examination of any savings and loan association or savings and loan holding company doing business in the District. (c) The Superintendent [Commissioner] may accept a report of an examination or other records from any other regulatory unit instead of conducting its own examinations of interstate associations or associations controlled by savings and loan holding companies located in other jurisdictions. (d) The Superintendent [Commissioner] may take any action jointly with any other regulatory agency having concurrent jurisdiction over savings and loan associations and savings and loan holding companies in the District or may take action independently to carry out the responsibilities of the Superintendent [Commissioner].  (Oct. 12, 1988, D.C. Law 7-175, § 15, 35 DCR 6133.)  Prior Codifications 1981 Ed., § 26-914.
DC Code § 26-1215 (2021)
2021 District of Columbia Code|Title 26 - Banks and Other Financial Institutions|Chapter 12 - Savings and Loan Acquisition|§ 26-1215. Remedies

(a) The Superintendent [Commissioner] shall report violations of any provision of this chapter to the Corporation Counsel. The Corporation Counsel may institute a civil action on behalf of the District for equitable or any other appropriate relief, including the imposition of civil fines provided in this section, unless different procedures or means of obtaining relief are specified in this chapter for the violation. (b) Any person violating any provision of this chapter or any rule issued pursuant to this chapter shall be subject to a civil fine of not more than $1,000 per day for each day the violation continues, up to a maximum of $30,000 for a single violation, unless a different penalty is specified in § 26-1204(d)(4)(A), § 26-1204(d)(4)(B) or § 26-1205(g)(4)(B) for the violation, in which case the specified penalty shall apply. (c) Any person who wilfully violates this chapter or any rule issued pursuant to this chapter shall be subject to a civil fine of not more than $5,000 a day for each day the violation continues, up to a maximum of $150,000, unless a different penalty is specified in § 26-1204(d)(4)(A), § 26-1204(d)(4)(B) or § 26-1205(g)(4)(B) for the violation, in which case the specified penalty shall apply.  (Oct. 12, 1988, D.C. Law 7-175, § 16, 35 DCR 6133.)  Prior Codifications 1981 Ed., § 26-915.
DC Code § 26-1216 (2021)
2021 District of Columbia Code|Title 26 - Banks and Other Financial Institutions|Chapter 12 - Savings and Loan Acquisition|§ 26-1216. Registered agent

(a) Each association or savings and loan holding company making an application to the Superintendent [Commissioner] under § 26-1202 or § 26-1203 shall include in that application a statement identifying a registered agent and registered office for the association or savings and loan holding company. The registered agent shall be an agent of the association or savings and loan holding company upon whom process may be served. All notices or demands required or permitted by law may be served upon the registered agent. The registered agent and office may be the same as that used by the District association or District savings and loan holding company sought to be acquired. The appointment of a registered agent for purposes of this section shall meet the requirements imposed on a foreign corporation’s appointment of a registered agent and office by § 29-101.106. (b) If the association or savings and loan holding company fails to appoint or maintain a registered agent and office in the District, the Mayor shall serve as the agent of the association or savings and loan holding company upon whom any process, notice, or demand against the association or savings and loan holding company may be served. All matters served upon the Mayor pursuant to this section shall be handled in the same manner as matters served upon the Mayor on behalf of foreign corporations pursuant to § 29-101.108(b) and (d). (c) The appointment of a registered agent pursuant to this section may not be revoked or modified, except that a new registered agent may be substituted, as long as any liability for the penalties imposed by this chapter remains outstanding against the association or savings and loan holding company. Upon satisfaction of any liability, the appointment may be revoked or otherwise modified, unless the association or savings and loan holding company is otherwise required by law to maintain the registered agent and office.  (Oct. 12, 1988, D.C. Law 7-175, § 17, 35 DCR 6133.)  Prior Codifications 1981 Ed., § 26-916.
DC Code § 26-1217 (2021)
2021 District of Columbia Code|Title 26 - Banks and Other Financial Institutions|Chapter 12 - Savings and Loan Acquisition|§ 26-1217. Use of minority-owned savings and loan associations

(a) Recipients of the District of Columbia government contracts are encouraged to use federally and District chartered minority-owned savings and loan associations certified by the Small and Local Business Opportunity Commission in accordance with subchapter IX-A of Chapter 2 of Title 2. (b) The Mayor shall, pursuant to subchapter I of Chapter 5 of Title 2, issue rules to implement the provisions of this section within 90 days of March 16, 1989. All rules issued pursuant to this subsection shall be transmitted to the Council for review.  (Oct. 12, 1988, D.C. Law 7-175, § 17a; as added Mar. 16, 1989, D.C. Law 7-187, § 3(b), 35 DCR 8648; October 4, 2000, D.C. Law 13-169, § 7, 47 DCR 5846; Oct. 20, 2005, D.C. Law 16-33, § 2381(b), 52 DCR 7503.)  Prior Codifications 1981 Ed., § 26-917. Effect of Amendments D.C. Law 13-169 in subsec. (a) substituted for “Minority Business Opportunity Commission in accordance with the District of Columbia Minority Contracting Act of 1976, § 1-1141 et seq.” 1981 Ed. the phrase “District of Columbia Local Business Opportunity Commission in accordance with subchapter II-B of Chapter 11 of Title 1” [1981 Ed.]. D.C. Law 16-33, in subsec. (a), substituted “Small and Local Business Opportunity Commission in accordance with subchapter IX-A of Chapter 2 of Title 2” for “District of Columbia Local Business Opportunity Commission in accordance with subchapter IX of Chapter 2 of Title 2”. Cross References Banking institutions organized under federal statute, application of District law, see § 26-710. Emergency Legislation For temporary (90-day) amendment of section, see § 7 of the Equal Opportunity for Local, Small, or Disadvantaged Business Enterprises Emergency Amendment Act of 2000 (D.C. Act 13-415, August 14, 2000, 47 DCR 7296). For temporary (90 day) amendment of section, see § 2381(b) of Fiscal Year 2006 Budget Support Emergency Act of 2005 (D.C. Act 16-168, July 26, 2005, 52 DCR 7667). Temporary Legislation Section 7 of D.C. Law 13-216, in subsec. (a), substituted “District of Columbia Local Business Opportunity Commission in accordance with the Equal Opportunity for Local, Small, and Disadvantaged Business Enterprises Act of 1998” for “Minority Business Opportunity Commission in accordance with the District of Columbia Minority Contracting Act of 1976”. Section 11(b) of D.C. Law 13-216 provided that the act shall expire after 225 days of its having taken effect.
DC Code § 28-2101 (2021)
2021 District of Columbia Code|Title 28 - Commercial Instruments and Transactions. [Enacted title]|Chapter 21 - Assignment for Benefit of Creditors|§ 28-2101. Form of assignment

In a voluntary assignment for the benefit of creditors, the debtor shall annex to the assignment (1) an inventory, under oath or affirmation, of his estate, real and personal, according to the best of his knowledge, (2) a list of his creditors, their respective residences and places of business, if known, and (3) the amounts of their respective demands.  (Aug. 30, 1964, 78 Stat. 667, Pub. L. 88-509, § 1.)  Prior Codifications 1981 Ed., § 28-2101. 1973 Ed., § 28-2101. Cross References Exemptions, see § 15-501 et seq.
DC Code § 28-2102 (2021)
2021 District of Columbia Code|Title 28 - Commercial Instruments and Transactions. [Enacted title]|Chapter 21 - Assignment for Benefit of Creditors|§ 28-2102. Extent of assignment — Assets exempt

An assignment vests in the assignee the title to all property, except what is legally exempt, belonging to the debtor at the time of making the assignment and comprehended within its general terms. The inventory annexed to an assignment is not conclusive as to the amount of the debtor’s estate. An assignment for the benefit of creditors does not include or cover property exempt from levy or sale on execution unless the exemption is expressly waived. The court may direct the manner in which exempt property may be ascertained and set aside before a sale by a trustee.  (Aug. 30, 1964, 78 Stat. 667, Pub. L. 88-509, § 1.)  Prior Codifications 1981 Ed., § 28-2102. 1973 Ed., § 28-2102.
DC Code § 28-2103 (2021)
2021 District of Columbia Code|Title 28 - Commercial Instruments and Transactions. [Enacted title]|Chapter 21 - Assignment for Benefit of Creditors|§ 28-2103. Assignee

Only a resident of the District of Columbia may be an assignee in an assignment for the benefit of creditors. His assent shall appear in writing in, or at the end of, or indorsed on, the assignment. An assignment is invalid unless acknowledged and recorded within five days after its execution in the land records of the District. A trust created by an assignment shall be executed under the supervision and control of the court having probate jurisdiction.  (Aug. 30, 1964, 78 Stat. 668, Pub. L. 88-509, § 1; July 29, 1970, 84 Stat. 569, Pub. L. 91-358, title I, § 151(a); Apr. 9, 1997, D.C. Law 11-255, § 27(a), 44 DCR 1271.)  Prior Codifications 1981 Ed., § 28-2103. 1973 Ed., § 28-2103. Section References This section is referenced in § 28-2105. Cross References Civil jurisdiction, probate, see §§ 11-501 and 11-921.
DC Code § 28-2104 (2021)
2021 District of Columbia Code|Title 28 - Commercial Instruments and Transactions. [Enacted title]|Chapter 21 - Assignment for Benefit of Creditors|§ 28-2104. Bond of assignee

Immediately upon the filing for record of an assignment for the benefit of creditors, the assignee shall execute and file in the clerk’s office of the court having probate jurisdiction his bond to the United States, in an amount and with security to be approved by a judge thereof, conditioned for the faithful performance of his duties according to law, and the court may from time to time require the assignee, or a trustee appointed in his place, to give additional security when required by the interests of the creditors.  (Aug. 30, 1964, 78 Stat. 668, Pub. L. 88-509, § 1; July 29, 1970, 84 Stat. 569, Pub. L. 91-358, title I, § 151(a).)  Prior Codifications 1981 Ed., § 28-2104. 1973 Ed., § 28-2104. Section References This section is referenced in § 28-2105. Cross References Civil jurisdiction, probate, see §§ 11-501 and 11-921.
DC Code § 28-2105 (2021)
2021 District of Columbia Code|Title 28 - Commercial Instruments and Transactions. [Enacted title]|Chapter 21 - Assignment for Benefit of Creditors|§ 28-2105. Nonperformance by assignee — Trustee

If an assignee named in an assignment for the benefit of creditors fails or refuses to comply with any of the requirements of sections 28-2103 and 28-2104 , a judge of the court having probate jurisdiction may, on the application of the assignor or a creditor interested in the assignment, remove the assignee and appoint a trustee in his place to execute the trusts created by the assignment, who shall give bond as the court may require. And the court may accept the resignation of an assignee or trustee, and in case of his resignation, death, or removal from the District, appoint a trustee in his place. The court, for cause shown, on the application of an interested person, may remove an assignee or trustee and appoint a trustee in his place, and make and enforce all orders necessary to put the newly appointed trustee in possession of all property covered by the assignment. Upon the death of an assignee or trustee the court may require his executor or administrator to settle his account and to deliver over to his successor all property belonging to the trust, in default of which the successor may bring suit upon the bond of the deceased assignee or trustee or upon the bond of the executor or administrator, accordingly as the assignee or trustee, executor or administrator is the party in default.  (Aug. 30, 1964, 78 Stat. 668, Pub. L. 88-509, § 1; July 29, 1970, 84 Stat. 569, Pub. L. 91-358, title I, § 151(b).)  Prior Codifications 1981 Ed., § 28-2105. 1973 Ed., § 28-2105. Cross References Civil jurisdiction, probate, see §§ 11-501 and 11-921.
DC Code § 28-2106 (2021)
2021 District of Columbia Code|Title 28 - Commercial Instruments and Transactions. [Enacted title]|Chapter 21 - Assignment for Benefit of Creditors|§ 28-2106. Duties of assignee

An assignee or trustee, after giving bond, shall collect and take into his possession all the property covered by the assignment, and to that end he may bring suit in his own name to recover debts due or property belonging to the assignor and embraced in the assignment. The court may require the assignor to be examined under oath touching his property, and may make all orders necessary to prevent any fraudulent transfer of or change in the property of the assignor. The assignee or trustee shall return inventories of the assets coming to his hands and, upon the direction of the court, sell and dispose of them; and his conveyance of any property of the assignor, real or personal, transfers the entire title of the assignor therein to the purchaser. When the assets have been converted into money the assignee or trustee shall settle his accounts and make distribution among the creditors, under the direction of the court, according to the usual course of proceeding in creditor’s suits.  (Aug. 30, 1964, 78 Stat. 668, Pub. L. 88-509, § 1.)  Prior Codifications 1981 Ed., § 28-2106. 1973 Ed., § 28-2106. Cross References Civil jurisdiction, probate, see §§ 11-501 and 11-921.