District Of Columbia § 47-398.02 - Permitting certain District revenues to be pledged as security for borrowing.
Full text of District Of Columbia D.C. Code § 47-398.02 — Permitting certain District revenues to be pledged as security for borrowing., with citation guidance and answers to common questions.
§ 47-398.02. Permitting certain District revenues to be pledged as security for borrowing.
47-398.02The District of Columbia (including the designated authority described in ) may pledge as security for any borrowing undertaken pursuant to any revenues of the District of Columbia which are attributable to the sports arena tax imposed as a result of the enactment of (as amended by the Arena Tax Amendment Act of 1994 (D.C. Act 10-315)), upon the transfer of such revenues by the Mayor of the District of Columbia to the designated authority pursuant to .
Any revenues pledged as security by the District of Columbia pursuant to subsection (a) of this section shall be excluded from the determination of the dollar amount equivalent to 14% of District revenues under .
Annotations
Source: official District Of Columbia text · Last verified 2026-08-27
Frequently Asked Questions About District Of Columbia § 47-398.02
What does D.C. Code § 47-398.02 cover?
Section 47-398.02 ("Permitting certain District revenues to be pledged as security for borrowing.") 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 § 47-398.02?
A common citation format is "D.C. Code § 47-398.02" (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 § 47-398.02 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.