Section 10-B3507. EXECUTIVE DIRECTOR  


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    3507.1The Executive Director shall be the Chief Executive Officer of the Agency and shall have the powers and perform duties prescribed by the Board of Directors.

     

    3507.2 The Executive Director shall be the Secretary to the Board of Directors and in that capacity he or she shall have powers in accordance with § 203 of the Act (D.C. Official Code § 42.2703.03(b)) and in general, perform all the duties ordinarily incident to the office of the Secretary.

     

    3507.3The Secretary, and his or her designee, shall be expressly empowered to attest signatures of officers of the Agency and to affix the seal of the Agency to documents.

     

    3507.4 The Executive Director and each Board member shall be bonded in accordance with § 205 of the Act (D.C. Official Code § 42.2702.05).

     

     

authority

Section 306 of the District of Columbia Housing Finance Agency Act of 1979, effective March 3, 1979, (D.C. Law 2-135; D.C. Official Code § 42-2703.06 (2012 Repl.)) (Act), and 10-B DCMR § 3508.1.

source

Final Rulemaking published at 28 DCR 902 (February 27, 1981), incorporating text of Proposed Rulemaking published at 27 DCR 4824 (October 31, 1980); as amended by Final Rulemaking published at 61 DCR 4156 (April 25, 2014).