(Perm). Recovery of District investment

Checkout our iOS App for a better way to browser and research.

The Mayor shall reserve the right to recover the amount of its initial investment into the Fund and may exercise this right if the Fund Manager does not, within a reasonable period, as determined by the Mayor, place investments into eligible businesses in an amount equal to the amount of the District's initial investment into the Fund.

(Dec. 3, 2020, D.C. Law 23-149, § 2167, 67 DCR 10493.)


Download our app to see the most-to-date content.