3103. ISSUANCE AND TRANSFERABILITY OF A REGISTRATION

3103 ISSUANCE AND TRANSFERABILITY OF A REGISTRATION 3103.1 The registration of an AMC shall remain in force until it has expired or has been surrendered, revoked, or suspended in accordance with the provisions of the Act and this chapter. The surrender, revocation, or suspension of a registration shall not affect any existing legal right or obligation of the registrant, including any civil or criminal liability for acts committed before the registration was surrendered, revoked, or suspended. 3103.2 A registration approved pursuant to this chapter shall not be transferable or assignable. SOURCE: Final Rulemaking published at 68 DCR 5678 (May 28, 2021). District of Columbia Municipal Regulations Banking and Financial Institutions 26-C DCMR § 3103