Section 26-1011 - Special reporting requirementsWithin 15 days of the occurrence of any of the events listed below, a licensee shall file a written report with the Superintendent [Commissioner] describing the event and its expected impact on the licensee's activities in the District:
(1) The filing for bankruptcy or reorganization by the licensee;(2) The institution of revocation or suspension proceedings against the licensee by any state or governmental authority with regard to the licensees' money transmission activities;(3) Any felony indictment of the licensee or any of its key officers or directors related to money transmission activities; or(4) Any felony conviction of the licensee or any of its key officers or directors related to money transmission activities. July 18, 2000, D.C. Law 13-140, § 12, 47 DCR 3431.