GroundRules
← Search the law
District of Columbia · Through 2026-08-20 (D.C. Law 26-175)

D.C. Code § 34-2202.13: District repayment option.

Read at publisher ↗
Where this section sits in the code
  1. Title 34. Public Utilities.
  2. Chapter 22. Water and Sewer Authority.
  3. Subchapter II. General Provisions.

(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).

Collected 2026-08-29T05:44:07Z. Source file · JSON

Browse this collection