If any such company shall fail to file the annual statement herein required, the Commissioner of Insurance and Securities [Commissioner of the Department of Insurance, Securities, and Banking] may thereupon revoke its license or certificate of authority to transact business in the District of Columbia.
D.C. Code § 47-2607
Mayor authorized to issue rules: See notes to § 47-2601.
Department of Insurance abolished: See Historical and Statutory Notes following § 47-2603.