§ 3-308. Transfer of assets held in various funds.

Current through October 23, 2012

All assets held in the Armory Board Working Capital Fund, the Canteen Fund of the District of Columbia National Guard, and the Stadium Operating Fund shall be transferred to the Starplex Fund; provided, that the assets in the Canteen Fund and any funds derived from the operation of a canteen fund and any funds derived from the operation of a canteen in the Armory for the use and benefit of the District of Columbia National Guard shall inure to the benefit of the District of Columbia National Guard.

                
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(June 4, 1948, 62 Stat. 341, ch. 418, § 8a, as added June 14, 1980, D.C. Law 3-70, § 7(o)(7), 27 DCR 1776; Mar. 25, 2009, D.C. Law 17-353, § 185, 56 DCR 1117.)

HISTORICAL AND STATUTORY NOTES

Prior Codifications

1981 Ed., § 2-308.

Effect of Amendments

D.C. Law 17-353 deleted "established by § 3-307" following "Starplex Fund".

Legislative History of Laws

For legislative history of D.C. Law 3-70, see Historical and Statutory Notes following § 3-306.

Law 17-353, the "Technical Amendments Act of 2008", was introduced in Council and assigned Bill No. 17-994 which was referred to the Committee of the Whole. The Bill was adopted on first and second readings on December 2, 2008, and December 16, 2008, respectively. Signed by the Mayor on January 15, 2009, it was assigned Act No. 17-687 and transmitted to both Houses of Congress for its review. D.C. Law 17-353 became effective on March 25, 2009.

References in Text

Section 3-307, referred to in this section, was repealed by D.C. Law 10-152, 41 DCR 4636, effective Aug. 23, 1994.