D.C. Law 12-116. Mortgage Lender and Broker Act of 1996 Amendment Act of 1998.
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Law 12-116, the “Mortgage Lender and Broker Act of 1996 Amendment Act of 1998,” was introduced in Council and assigned Bill No. 12-426, which was referred to the Committee on Economic Development. The Bill was adopted on first and second readings on February 3, 1998, and March 3, 1998, respectively. Signed by the Mayor on March 17, 1998, it was assigned Act No. 12-313 and transmitted to both Houses of Congress for its review. D.C. Law 12-116 became effective on June 6, 1998.