Note brokers shall pay a tax of $100 per annum. Every person, firm, company, or association not incorporated (except private banks and bankers) that loans money on promissory notes without real estate or collateral security or advances money on personal property as security without possession of said personal property shall be deemed a note broker; provided, that exception shall be made of cooperative associations whose business is restricted to the members of such association.
(July 1, 1902, 32 Stat. 622, ch. 1352, § 6, par. 16; enacted, Apr. 9, 1997, D.C. Law 11-254, § 2, 44 DCR 1575.)
1981 Ed., § 47-2505.
1973 Ed., § 47-1708.
Structure District of Columbia Code
Title 47 - Taxation, Licensing, Permits, Assessments, and Fees. [Enacted title]
Chapter 25 - Financial Institution, Guaranty Company, and Public Utility Taxes
§ 47–2501. Gas, electric lighting, telephone, telecommunications, and heating oil companies
§ 47–2501.01. Television, video, or radio service to subscribers or paying customers
§ 47–2502. Bonding, title, guaranty and fidelity companies
§ 47–2504. Washington Stock Exchange
§ 47–2506. Payment of tax by private banks and note brokers
§ 47–2507. Transitional rules for taxing financial institutions
§ 47–2508. Applicability of acts of Congress to national banks in the District of Columbia
§ 47–2509. Declaration and payment of estimated tax
§ 47–2510. Personal property tax provisions applicable to financial institutions
§ 47–2513. Rules and regulations
§ 47–2514. Real property tax provisions applicable to financial institutions