D.C. Mun. Regs. tit. 26, r. 26-A2111

Current through Register Vol. 71, No. 49, December 6, 2024
Rule 26-A2111 - CESSATION OF A SINKING FUND
2111.1

The management of a sinking fund may not terminate the fund without the written approval of the Commissioner. After a final disposition of all claims, any remaining funds shall be returned to the owner.

2111.2

Notwithstanding Section 2111.1, the minimum period to return any remaining funds shall be three (3) years.

D.C. Mun. Regs. tit. 26, r. 26-A2111

Final Rulemaking published at 36 DCR 5113 (July 21, 1989)