District of Columbia Statutes

§ 26-1152.14 — No call provision.

District of Columbia § 26-1152.14
JurisdictionDistrict of Columbia
Title 26Banks and Other Financial Institutions.
Ch. 11AHome Loan Protection.
Subch. IIProhibited Practices.

This text of District of Columbia § 26-1152.14 (No call provision.) is published on Counsel Stack Legal Research, covering District of Columbia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
D.C. Code § 26-1152.14 (2026).

Text

A lender shall not make a covered loan that includes a call provision that permits the lender, in its sole discretion, to accelerate the indebtedness; provided, that this prohibition shall not apply when repayment of the covered loan has been accelerated by a bona fide default or pursuant to some other provision of the loan agreement unrelated to the payment schedule.

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Legislative History

May 7, 2002, D.C. Law 14-132, § 214, 49 DCR 2551

Nearby Sections

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Bluebook (online)
District of Columbia § 26-1152.14, Counsel Stack Legal Research, https://law.counselstack.com/statute/dc/26-1152.14.