The District of Columbia shall not be liable to a participating financial institution for payment of the principal, interest, or any late charges on a capital access loan made under this subchapter.
(Mar. 12, 2011, D.C. Law 18-322, § 12, 57 DCR 12442.)
For temporary (90 day) addition of section, see § 12 of Capital Access Program Emergency Act of 2010 (D.C. Act 18-598, November 17, 2010, 57 DCR 11018).
For temporary (90 day) addition of section, see § 12 of Capital Access Program Congressional Review Emergency Act of 2011 (D.C. Act 19-6, February 11, 2011, 58 DCR 1408).
Structure District of Columbia Code
Title 2 - Government Administration
Chapter 12 - Business and Economic Development
Subchapter V-A - Access to Capital for Businesses and Nonprofit Organizations
§ 2–1210.02. Establishment of the Capital Access Fund
§ 2–1210.03. Capital Access Program establishment
§ 2–1210.05. Provisions relating to capital access loans
§ 2–1210.07. Limitations on District’s contribution to reserve account
§ 2–1210.08. District’s rights with respect to reserve accounts
§ 2–1210.09. Quarterly and annual reports
§ 2–1210.10. Reports and audits