D.C. Mun. Regs. tit. 26, r. 26-A2102
An application to maintain or create a sinking fund may be approved by the Commissioner after the management of the fund has complied with all of the requirements of Section 2101, provided that the Commissioner determines on the basis of the information submitted that the fund is qualified and its owner is capable of properly conducting the business of the fund so that it will be able to pay claims and judgments against participating members.
Such approval shall expire on the 30th day of April of each year.
The management of an approved sinking fund must submit on the 1st day of March each year a certified actuarial financial statement for the year ending December 31st immediate preceding on a form furnished by the Commissioner.
D.C. Mun. Regs. tit. 26, r. 26-A2102