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The DC Code: § 47-335 Permissible security.

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

Any revenue bonds, notes, or other obligations authorized by an act of the Council of the District of Columbia enacted subsequent to August 1, 1981, pursuant to § 1-204.90(a), may be secured by a mortgage of real property or a security interest in any revenues, assets, or other property, notwithstanding that such mortgage or other security interest may not have been authorized by such § 1-204.90(a) as of the effective date of such act.

Historical and Statutory

Prior Codifications 1981 Ed., § 47-335. DC CODE § 47-335 Current through December 11, 2012

Credits

(Dec. 23, 1981, 95 Stat. 1493, Pub. L. 97-105, § 19(b); enacted, Apr. 9, 1997, D.C. Law 11-254, § 2, 44 DCR 1575.)