District of Columbia § 8-173.46 Faith and credit and taxing power of District not pledged on obligation; statement thereto.

District of Columbia Statutes

§ 8-173.46 — Faith and credit and taxing power of District not pledged on obligation; statement thereto.

District of Columbia § 8-173.46

Title 8Environmental and Animal Control and Protection.

Ch. 1B-iGreen Finance Authority.

Subch. IVFinancial Affairs of the Green Finance Authority.

This text of District of Columbia § 8-173.46 (Faith and credit and taxing power of District not pledged on obligation; statement thereto.) 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 § 8-173.46 (2026).

Text

Bonds issued under the provisions of this chapter do not constitute an obligation of the District and are payable solely from the revenues or assets of the Authority. Each bond issued under this chapter must contain on its face a statement that the Authority is not obligated to pay principal or interest except from the revenues or assets pledged and that neither the faith and credit nor the taxing power of the District is pledged to the payment of the principal or interest on a bond.

Free access — add to your briefcase to read the full text and ask questions with AI

Bonds issued under the provisions of this chapter do not constitute an obligation of the District and are payable solely from the revenues or assets of the Authority. Each bond issued under this chapter must contain on its face a statement that the Authority is not obligated to pay principal or interest except from the revenues or assets pledged and that neither the faith and credit nor the taxing power of the District is pledged to the payment of the principal or interest on a bond.