2022 District of Columbia Code
Title 31 - Insurance and Securities
Chapter 52A - Certified Capital Companies
§ 31–5238.03. Waivers and disqualifications
The Commissioner may grant a business a 6-month waiver from any of the eligibility criteria to receive an Initial Investment if the Commissioner finds that the business will meet the eligibility criteria to receive an Initial Investment within 6 months of the date of issuance of the waiver. The waiver shall expire 6 months after it is issued and a business shall not receive an additional waiver pursuant to this section. Upon satisfaction of all eligibility criteria within the 6-month period, the business shall promptly provide the Commissioner with an affidavit stating that the business has satisfied the eligibility criteria to receive an Initial Investment and shall provide any supporting documents requested by the Commissioner.
(Mar. 10, 2004, D.C. Law 15-87, § 9b; as added May 27, 2010, D.C. Law 18-181, § 2(e), 57 DCR 3388.)
Section ReferencesThis section is referenced in § 31-5235.
