D.C. Code § 1-307.62: Establishment of Opportunity Account Office.
Where this section sits in the code
- Title 1. Government Organization.
- Chapter 3. Specified Governmental Authority.
- Subchapter IV. Special Programs.
- Part D. Opportunity Accounts.
The Mayor shall establish in the executive branch an office to be known as the Opportunity Account Office. The office shall:
(1)
Provide eligible families and individuals with an opportunity to establish opportunity accounts;
(2)
Provide that the opportunity account shall be established by an approved financial institution and administered by an approved organization;
(3)
Provide incentives to encourage participation in the program; and
(4)
Require that money deposited into an opportunity account shall be used only for approved purposes.
Collected 2026-08-29T05:44:07Z. Source file · JSON