Statutes, codes, and regulations
District of Columbia Official Code
Division VIII - GENERAL LAWSTitle 47 - TAXATION, LICENSING, PERMITS, ASSESSMENTS, AND FEESChapter 3 - BUDGET AND FINANCIAL MANAGEMENT; BORROWING; DEPOSIT OF FUNDS
Subchapter I - BUDGET AND FINANCIAL MANAGEMENT
Section 47-309 - Borrowing of funds by Mayor

D.C. Code § 47-309

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Current through codified legislation effective September 4, 2024
Section 47-309 - Borrowing of funds by Mayor

The Mayor is authorized to borrow funds from the United States Treasury in anticipation of the collection or receipt of revenues; provided, that each such borrowing is approved by the Council in advance of such borrowing by resolution.

D.C. Code § 47-309

Sept. 16, 1980, D.C. Law 3-104, § 10, 27 DCR 3748; enacted, Apr. 9, 1997, D.C. Law 11-254, § 2, 44 DCR 1575.