District Of Columbia § 34-1312.08 - Legal investment.
Full text of District Of Columbia D.C. Code § 34-1312.08 — Legal investment., with citation guidance and answers to common questions.
§ 34-1312.08. Legal investment.
34-1312.08The Bonds shall be legal instruments in which public officers and public bodies of the District, insurance companies, insurance company associations, and other persons carrying on an insurance business, banks, bankers, banking institutions, including savings and loan associations, building and loan associations, trust companies, and other persons carrying on a banking business, administrators, guardians, executors, trustees and other fiduciaries, and other persons authorized to invest in Bonds or other obligations of the District, may legally invest funds, including capital, in their control. The Bonds are also securities that legally may be deposited with and received by public officers and public bodies of the District or any agency of the District for any purpose for which deposit of Bonds or other obligations of the District is authorized by law.
Annotations
Source: official District Of Columbia text · Last verified 2026-08-27
Frequently Asked Questions About District Of Columbia § 34-1312.08
What does D.C. Code § 34-1312.08 cover?
Section 34-1312.08 ("Legal investment.") 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 § 34-1312.08?
A common citation format is "D.C. Code § 34-1312.08" (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 § 34-1312.08 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.