District of Columbia § 47-351.02 Powers of the Mayor.

District of Columbia Statutes

§ 47-351.02 — Powers of the Mayor.

District of Columbia § 47-351.02

Title 47Taxation, Licensing, Permits, Assessments, and Fees. [Enacted title]

Ch. 3Budget and Financial Management; Borrowing; Deposit of Funds.

Subch. III-AFinancial Institutions Deposits and Investments.

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Bluebook

D.C. Code § 47-351.02 (2026).

Text

(a)The Mayor or the Mayor’s designated officer shall invest, deposit, or obtain financial services for all District funds that the Mayor does not need for immediate disbursement.

(b)The Mayor may exercise any power that is necessary to implement and enforce this subchapter.

(c)During a control year, as defined in § 47-393(4) , the powers exercised by the Mayor pursuant to this subchapter, except for § 47-351.16 , shall be exercised by the Chief Financial Officer of the District of Columbia (“CFO”).

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(a) The Mayor or the Mayor’s designated officer shall invest, deposit, or obtain financial services for all District funds that the Mayor does not need for immediate disbursement.

(b) The Mayor may exercise any power that is necessary to implement and enforce this subchapter.

(c) During a control year, as defined in § 47-393(4) , the powers exercised by the Mayor pursuant to this subchapter, except for § 47-351.16 , shall be exercised by the Chief Financial Officer of the District of Columbia (“CFO”).