District of Columbia Statutes

§ 47-309 — Borrowing of funds by Mayor.

District of Columbia·Title 47 Taxation, Licensing, Permits, Assessments, and Fees. [Enacted title]·Ch. 3 Budget and Financial Management; Borrowing; Deposit of Funds.·Subch. I Budget and Financial Management.
The Mayor is authorized to borrow funds from the United States Treasury in anticipation of the collection or receipt of revenues; provided, that each such borrowing is approved by the Council in advance of such borrowing by resolution.

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Related

Wilson v. Kelly
615 A.2d 229 (District of Columbia Court of Appeals, 1992)
11 case citations

Legislative History

Sept. 16, 1980, D.C. Law 3-104, § 10, 27 DCR 3748; enacted, Apr. 9, 1997, D.C. Law 11-254, § 2, 44 DCR 1575

Nearby Sections

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