§ 42-2706.04. Disposition of assets on dissolution.

Current through October 23, 2012

If the Agency is dissolved by repeal of this chapter, or ceases to exist for any other reason, all of its assets (including, but not limited to, cash, accounts receivable, reserve funds, real or personal property, and contract and other rights) shall automatically be assigned to and become the property of the District.

                
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(Mar. 3, 1979, D.C. Law 2-135, § 604, as added Aug. 5, 1981, D.C. Law 4- 28, § 2(w), 28 DCR 2848.)

HISTORICAL AND STATUTORY NOTES

Prior Codifications

1981 Ed., § 45-2164.

1973 Ed., § 45-1932.

Legislative History of Laws

For legislative history of D.C. Law 4-28, see Historical and Statutory Notes following § 42-2701.02.