Statutes, codes, and regulations
District Of Columbia Administrative Code
Title 27 - CONTRACTS AND PROCUREMENT
Chapter 27-8 - LOCAL, SMALL AND DISADVANTAGED BUSINESS ENTERPRISES CONTRACTING
Rule 27-842 - CHANGES IN EQUITY AND DEVELOPMENT PARTICIPATION

D.C. Mun. Regs. tit. 27, r. 27-842

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Current through Register Vol. 71, No. 49, December 6, 2024
Rule 27-842 - CHANGES IN EQUITY AND DEVELOPMENT PARTICIPATION
842.1

Once the selection of an Equity Participant or a Development Participant to participate in a Covered Project has been approved by the Department, there can be no change in the Equity Participant or Development Participant and no dilution of a participant's Equity Participation without the express written consent of the Director.

D.C. Mun. Regs. tit. 27, r. 27-842

Final Rulemaking published at 39 DCR 9052 (December 4, 1992); as amended by Final Rulemaking published at 56 DCR 8439 (October 23, 2009), incorporating by reference text of Proposed Rulemaking published at 56 DCR 5622, 5651 (July 10, 2009); amended by Final Rulemaking published at 70 DCR 10970 (8/11/2023)
Authority: Section 2372 of the Small, Local, and Disadvantaged Business Enterprise Development and Assistance Act of 2005 (Act), effective October 20, 2005 (D.C. Law 16-33; D.C. Official Code § 2-218.72) (2009 Supp.) and Mayor's Order 2009-58, dated April 15, 2009.