District Of Columbia § 4-681.06(Perm) - Distribution of funds.

Full text of District Of Columbia D.C. Code § 4-681.06(Perm) — Distribution of funds., with citation guidance and answers to common questions.

§ 4-681.06(Perm). Distribution of funds.

4-681.06(Perm)

*NOTE: This codification is the most current, due to recent law changes. To see the current law (including emergency and temporary legislation, if relevant) click this link: *

(a)
(1)
(A)

An enrollee shall be entitled to a dedicated share of money in the Fund pursuant to only upon reaching the age of majority, or, subject to subparagraph (B) of this paragraph, upon becoming disabled, and only if the enrollee is a current District resident, and meets all other requirements set forth in .

(B)

For an enrollee to be entitled to the funds described in subparagraph (A) of this paragraph before reaching the age of majority due to do becoming disabled, the enrollee must file a disability certification.

(2)

The amount of money to which an enrollee will be entitled at the age of majority, or following receipt by the Chief Financial Officer of a disability certification, shall be the amounts designated in the Fund pursuant to , less any amounts expended pursuant to through .

(b)
(1)

A distribution of the funds from the Fund may be used only by the enrollee and only for:

(A)

Education; academic or vocational;

(B)

Ownership of a District business;

(C)

Investment in a District business;

(D)

Ownership of a District residential or commercial property; or

(E)

Retirement investments, including stocks, bonds, shares, and other similar growth investments.

(2)

No funds may be distributed unless the enrollee certifies, in accordance with rules issued by the Chief Financial Officer, that the enrollee is a bona fide resident of the District and that the distributed funds shall be used for a purpose listed in paragraph (1) of this subsection.

Annotations

Source: official District Of Columbia text · Last verified 2026-08-27

Frequently Asked Questions About District Of Columbia § 4-681.06(Perm)

What does D.C. Code § 4-681.06(Perm) cover?

Section 4-681.06(Perm) ("Distribution of funds.") 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 § 4-681.06(Perm)?

A common citation format is "D.C. Code § 4-681.06(Perm)" (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 § 4-681.06(Perm) 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.