District Of Columbia § 1-307.69 - Emergency withdrawal.
Full text of District Of Columbia D.C. Code § 1-307.69 — Emergency withdrawal., with citation guidance and answers to common questions.
§ 1-307.69. Emergency withdrawal.
1-307.69An account holder may make an emergency withdrawal of his or her opportunity account funds in accordance with this section.
An account holder may make an emergency withdrawal for:
Paying the costs of medical care or the expenses necessary to obtain medical care for the account holder or a spouse, domestic partner, father, mother, child, or dependent of the account holder;
Making a payment necessary to prevent the eviction of the account holder from the primary residence of the account holder or to prevent foreclosure on a mortgage for the primary residence of the account holder; or
Making payments necessary to enable the account holder to meet necessary living expenses following loss of employment.
An account holder making an emergency withdrawal shall only withdraw funds deposited by the account holder and shall not withdraw matching funds;
An emergency withdrawal shall not be made unless authorized by an administering organization on a case-by-case basis.
An account holder shall deposit funds into the opportunity account in the same amount as the funds withdrawn from the account for the emergency withdrawal no later than 12 months after the date of the withdrawal. If the account holder fails to make the deposit:
The account holder shall lose his or her matching funds and the matching funds shall be returned to the District of Columbia and administering organization in the same amounts as the matching funds were provided;
The account holder shall be removed from the opportunity account program; and
All funds deposited by the account holder into the opportunity account shall be returned to the account holder.
Annotations
Source: official District Of Columbia text · Last verified 2026-08-27
Frequently Asked Questions About District Of Columbia § 1-307.69
What does D.C. Code § 1-307.69 cover?
Section 1-307.69 ("Emergency withdrawal.") is part of the D.C. Code, the codified statutory law of District Of Columbia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite District Of Columbia § 1-307.69?
A common citation format is "D.C. Code § 1-307.69" (District Of Columbia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of District Of Columbia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the District Of Columbia official source linked on this page or consult a licensed District Of Columbia attorney.
How does District Of Columbia § 1-307.69 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in District Of Columbia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in District Of Columbia.