District of Columbia Statutes

§ 26-711 — Use of women-owned banks.

District of Columbia·Title 26 Banks and Other Financial Institutions.·Ch. 7 Interstate Banking and Branching.·Subch. I Regional Interstate Banking.
(a)Recipients of District of Columbia government contracts are encouraged to use women-owned banks and federally or District chartered minority-owned banks certified by the Small and Local Business Opportunity Commission in accordance with subchapter IX-A of Chapter 2 of Title 2 .
(b)The Mayor shall, pursuant to subchapter I of Chapter 5 of Title 2 , issue rules to implement the provisions of this section within 90 days of March 16, 1989. All rules issued pursuant to this subsection shall be transmitted to the Council for review.

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Legislative History

Nov. 23, 1985, D.C. Law 6-63, § 10b; as added Mar. 16, 1989, D.C. Law 7-187, § 2(b), 35 DCR 8648; October 4, 2000, D.C. Law 13-169, § 6, 47 DCR 5846; Oct. 20, 2005, D.C. Law 16-33, § 2381(a), 52 DCR 7503

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