District of Columbia Code
Subchapter IV - Financial Affairs of the Agency
§ 42–2704.09. Bonds and notes as legal investments and securities

The bonds and notes of the Agency are legal investments in which public officers and public bodies of the District, insurance companies and associations and other persons carrying on an insurance business, banks, bankers, banking institutions including savings and loan associations, building and loan associations, trust companies, savings banks and savings associations, investment companies and other persons carrying on a banking business, administrators, guardians, executors, trustees, and other fiduciaries and other persons authorized to invest in bonds or in other obligations of the District, may legally invest funds, including capital, in their control. The bonds and notes are also securities which legally may be deposited with and received by public officers and public bodies of the District or any agency of the District for any purpose for which the deposit of bonds or other obligations of the District is authorized by law.
(Mar. 3, 1979, D.C. Law 2-135, § 409, 25 DCR 5008.)
1981 Ed., § 45-2139.
1973 Ed., § 45-1924.

Structure District of Columbia Code

District of Columbia Code

Title 42 - Real Property

Chapter 27 - Housing Finance Agency

Subchapter IV - Financial Affairs of the Agency

§ 42–2704.01. Receipt of funds; disposition thereof

§ 42–2704.01a. Repayment of funds

§ 42–2704.02. Issuance of bonds and notes; renewals and refunds; deemed obligations of Agency; negotiable instruments; director, employer, or agent not personally liable

§ 42–2704.03. Terms for sale of bonds and notes; effect of resolution authorizing sale; pledge of agency and lien thereon; signature valid after officeholder vacates

§ 42–2704.04. Trust indenture to secure bonds or notes; provisions protecting holders; expenses treated as operating expenses

§ 42–2704.05. Agency’s purchase of its own bonds and notes; maximum price

§ 42–2704.06. Special or reserve funds; management and investment of funds

§ 42–2704.07. No limitation, alteration, or impairment of rights and remedies of bondholders and noteholders

§ 42–2704.08. Faith and credit and taxing power of District not pledged on obligation; statement thereto

§ 42–2704.09. Bonds and notes as legal investments and securities

§ 42–2704.10. District tax exemptions; payments in lieu; exceptions

§ 42–2704.11. Deposits; payments out of accounts; contracts involving monies held in trust or otherwise for payment of notes or bonds

§ 42–2704.12. Investment of funds with financial institution or company doing business with Republic of South Africa. [Repealed]

§ 42–2704.13. Investment of funds with financial institution or company doing business with Northern Ireland