D.C. Code § 34-2202.20: No inurement to private persons; exemption from District taxation.
Where this section sits in the code
- Title 34. Public Utilities.
- Chapter 22. Water and Sewer Authority.
- Subchapter II. General Provisions.
(a)
All rights, property and assets of the Authority shall transfer automatically to the District government upon dissolution of the Authority.
(b)
None of the property, assets or earnings of the Authority shall inure to any private person or entity.
(c)
The Authority, its income, property, and transactions shall be exempt from District taxes.
Collected 2026-08-29T05:44:07Z. Source file · JSON