District Of Columbia § 1-325.231 - Bank Fees Special Fund.
Full text of District Of Columbia D.C. Code § 1-325.231 — Bank Fees Special Fund., with citation guidance and answers to common questions.
§ 1-325.231. Bank Fees Special Fund.
1-325.231There is established as a special fund the Bank Fees Special Fund (“Fund”), which shall be administered by the Chief Financial Officer in accordance with subsection (c) of this section.
Beginning October 1, 2013, the following sources shall be deposited into the Fund:
All interest earned on public funds under the custody of the Chief Financial Officer in a general fund account that is not otherwise restricted; and
Such amounts from the unassigned General Fund of the District of Columbia balance as may be required to pay bank fees and charges, as they come due, in excess of the interest earned on public funds as described in paragraph (1) of this subsection.
The Fund shall be used to pay bank fees and charges.
Annotations
Source: official District Of Columbia text · Last verified 2026-08-27
Frequently Asked Questions About District Of Columbia § 1-325.231
What does D.C. Code § 1-325.231 cover?
Section 1-325.231 ("Bank Fees Special Fund.") 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 § 1-325.231?
A common citation format is "D.C. Code § 1-325.231" (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 § 1-325.231 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.