District liability prohibited

  1. Law
  2. District of Columbia Code
  3. Government Administration
  4. Business and Economic Development
  5. Access to Capital for Businesses and Nonprofit Organizations
  6. District liability prohibited

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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.)

Emergency Legislation

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).


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