(a) The Authority may secure bonds by a trust indenture between the Authority and a corporate trustee that has the authority to exercise corporate trust powers within the District.
(b) A trust indenture of the Authority may contain provisions for protecting and enforcing the rights and remedies of holders of bonds in accordance with the provisions of the resolution authorizing the sale of bonds.
(Aug. 22, 2018, D.C. Law 22-155, § 404, 65 DCR 7159.)
Structure District of Columbia Code
Title 8 - Environmental and Animal Control and Protection
Chapter 1B-i - Green Finance Authority
Subchapter IV - Financial Affairs of the Green Finance Authority
§ 8–173.41. Receipt of funds; disposition thereof
§ 8–173.42. Repayment of funds
§ 8–173.44. Trust indenture to secure bonds; provisions protecting holders
§ 8–173.45. No limitation, alteration, or impairment of rights and remedies of bondholders
§ 8–173.47. Bonds as legal investments and securities