District of Columbia § 34-2202.13 District repayment option.

District of Columbia Statutes

§ 34-2202.13 — District repayment option.

District of Columbia § 34-2202.13

Title 34Public Utilities.

Ch. 22Water and Sewer Authority.

Subch. IIGeneral Provisions.

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Bluebook

D.C. Code § 34-2202.13 (2026).

Text

(a)The District retains the right to direct the Authority to purchase its own bonds and notes, subject to the terms and conditions of § 34-2202.10(h) , for the purpose of dissolving or altering the Authority after such bonds and notes are cancelled or defeased.

(b)The District further retains the right to direct the Authority to defease bonds, and the authority shall do so, conditioned upon the District providing moneys, which together with the moneys of the Authority available for defeasance, would be sufficient to satisfy the requirements of § 34-2202.13a(a)(1) .

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(a) The District retains the right to direct the Authority to purchase its own bonds and notes, subject to the terms and conditions of § 34-2202.10(h) , for the purpose of dissolving or altering the Authority after such bonds and notes are cancelled or defeased.

(b) The District further retains the right to direct the Authority to defease bonds, and the authority shall do so, conditioned upon the District providing moneys, which together with the moneys of the Authority available for defeasance, would be sufficient to satisfy the requirements of § 34-2202.13a(a)(1) .