District of Columbia Statutes
§ 26-507.07 — Other loan programs.
District of Columbia § 26-507.07
JurisdictionDistrict of Columbia
Title 26Banks and Other Financial Institutions.
Ch. 5Credit Unions.
Subch. ICredit Union Act of 2020.
Part GLoans.
This text of District of Columbia § 26-507.07 (Other loan programs.) 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 § 26-507.07 (2026).
Text
(a)A District credit union may participate in any guaranteed loan program of the federal or District government under the terms and conditions specified in the law under which the type of program is provided.
(b)A District credit union may purchase the conditional sales contracts, notes, and similar instruments that evidence the indebtedness of its members, persons within its field of membership, or members of another credit union, subject to applicable law.
(c)A District credit union may finance for any person the sale of the District credit union's property, including property obtained as a result of defaults on obligations owed to the District credit union.
(d)A District credit union may issue student loans to its members in accordance with District law or scholarship programs th
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Nearby Sections
15
§ 26-1001
Definitions.§ 26-1002
License required.§ 26-1003
Exemptions.§ 26-1004
License qualifications.§ 26-1006
License application.§ 26-1007
Bond or other security device.§ 26-1008
Application fee.§ 26-1009
Issuance of license.§ 26-1011
Special reporting requirements.§ 26-1012
Changes in control of a licensee.§ 26-1013
Examinations.§ 26-1014
Maintenance of records.Cite This Page — Counsel Stack
Bluebook (online)
District of Columbia § 26-507.07, Counsel Stack Legal Research, https://law.counselstack.com/statute/dc/26-507.07.