D.C. Municipal Regulations (Last Updated: September 13, 2017) |
Title 26. INSURANCE, SECURITIES, AND BANKING |
SubTilte 26-C. BANKING AND FINANCIAL INSTITUTONS |
Chapter 26-C29. STATE SMALL BUSINESS CREDIT INITIATIVE |
Section 26-C2924. TERMINATION OF INVESTMENT - INNOVATION FINANCE PROGRAM
Latest version.
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2924.1 DISB may terminate its obligation to enroll investments under the Innovation Finance Program by issuing a notice of termination to an Innovation Finance Company. The termination shall apply on the effective date specified in the notice of termination.
2924.2The termination shall not apply to any Enrolled Loan or Enrolled Investment that is made on or before the date on which the notice of termination is received by the Innovation Finance Company.
authority
Section 105(c) of the 21st Century Financial Modernization Act of 2000, effective June 9, 2001 (D.C. Law 13-308; D.C. Official Code § 26-551.05(c) (2012 Repl. & 2016 Supp.)).
source
Final Rulemaking published at 63 DCR 11535 (September 16, 2016).