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The DC Code: § 47-309 Borrowing of funds by Mayor.

Index47 Taxation, Licensing, Permits, Assessments, and Fees. (Refs & Annos)

The Mayor is authorized to borrow funds from the United States Treasury in anticipation of the collection or receipt of revenues; provided, that each such borrowing is approved by the Council in advance of such borrowing by resolution.

Historical and Statutory

Prior Codifications 1981 Ed., § 47-309. Legislative History of Laws For legislative history of D.C. Law 3-104, see Historical and Statutory Notes following § 47-381. DC CODE § 47-309 Current through December 11, 2012

Credits

(Sept. 16, 1980, D.C. Law 3-104, § 10, 27 DCR 3748; enacted, Apr. 9, 1997, D.C. Law 11-254, § 2, 44 DCR 1575.)