The full faith and credit of the United States is not pledged for the payment of any principal of or interest on any bond, note, or other obligation issued by the District under this part. The United States is not responsible or liable for the payment of any principal of or interest on any bond, note, or other obligation issued by the District under this part.
(Dec. 24, 1973, 87 Stat. 807, Pub. L. 93-198, title IV, § 484; as added Dec. 23, 1981, 95 Stat. 1499, Pub. L. 97-105, § 15.)
Prior Codifications1981 Ed., § 47-331.3.
References in Text“This part,” referred to in this section, refers to part E (comprising §§ 461 to 490) of title IV of the District of Columbia Self-Government and Governmental Reorganization Act, approved December 24, 1973, 88 Stat. 804-809, Pub. L. 93-198, codified as §§ 1-204.89, 1-204.88, 1-204.87, and 1-204.61 to 1-204.90.
Delegation of AuthorityDelegation of authority under D.C. Act 8-246, the “Tax Revenue Anticipation Notes Act of 1990.”, see Mayor’s Order 90-118, September 27, 1990.
Delegation of authority under D.C. Law 9-46, the “General Fund Recovery Act of 1991.”, see Mayor’s Order 91-147, October 4, 1991.