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The DC Code: § 42-2706.04 Disposition of assets on dissolution.

Index42 Real Property. (Refs & Annos)

If the Agency is dissolved by repeal of this chapter, or ceases to exist for any other reason, all of its assets (including, but not limited to, cash, accounts receivable, reserve funds, real or personal property, and contract and other rights) shall automatically be assigned to and become the property of the District.

Historical and Statutory

Prior Codifications 1981 Ed., § 45-2164. 1973 Ed., § 45-1932. Legislative History of Laws For legislative history of D.C. Law 4-28, see Historical and Statutory Notes following § 42-2701.02. DC CODE § 42-2706.04 Current through December 11, 2012

Credits

(Mar. 3, 1979, D.C. Law 2-135, § 604, as added Aug. 5, 1981, D.C. Law 4- 28, § 2(w), 28 DCR 2848.)