District Of Columbia § 42-2704.04 - Trust indenture to secure bonds or notes; provisions protecting holders; expenses treated as operating expenses.

Full text of District Of Columbia D.C. Code § 42-2704.04 — Trust indenture to secure bonds or notes; provisions protecting holders; expenses treated as operating expenses., with citation guidance and answers to common questions.

§ 42-2704.04. Trust indenture to secure bonds or notes; provisions protecting holders; expenses treated as operating expenses.

42-2704.04
(a)

The Agency may secure bonds, notes, or other obligations by a trust indenture between the Agency and a corporate trustee which has the authority to exercise corporate trust powers within the District.

(b)

A trust indenture of the Agency may contain provisions for protecting and enforcing the rights and remedies of holders of bonds or notes in accordance with the provisions of the resolution authorizing the sale of bonds or notes.

(c)

The Agency may treat expenses incurred in carrying out a trust indenture as operating expenses.

Annotations

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

Frequently Asked Questions About District Of Columbia § 42-2704.04

What does D.C. Code § 42-2704.04 cover?

Section 42-2704.04 ("Trust indenture to secure bonds or notes; provisions protecting holders; expenses treated as operating expenses.") 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 § 42-2704.04?

A common citation format is "D.C. Code § 42-2704.04" (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 § 42-2704.04 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.