Code of the District of Columbia

§ 26–510.02. Deposit of fees in the Securities and Banking Trust Fund.

(a) The Commissioner shall deposit into the Securities and Banking Trust Fund ("Fund") all funds received from, or in connection to the regulation of, District credit unions and foreign credit unions authorized to operate in the District and from the federal government, to the extent consistent with federal law.

(b) Money in the Fund shall be available for expenses incurred in the supervision, examination, and regulation of credit unions under this subchapter.

(c) The Commissioner shall establish fees and assessments related to the supervision and regulation of credit unions through rulemaking.


(May 6, 2020, D.C. Law 23-86, § 1002, 67 DCR 3476.)