- a
- No more than 20% of the funds in the opportunity account reserve fund account shall be used for administrative costs of the opportunity account program during either of the first 2 years of an opportunity account program. No more than 15% of the funds in the opportunity account reserve fund account may be used for administrative costs during any subsequent year.
- b
- Funds deposited by account holders shall not be used for administrative costs.
Historical and Statutory
Legislative History of Laws
For Law 13-266, see notes following § 1-307.61.
DC CODE § 1-307.71
Current through December 11, 2012
Credits
(Apr. 3, 2001, D.C. Law 13-266, § 12, 48 DCR 1240.)