reglab/housing_qa huggingface dataset:
DC Code § 26-403 (2021)
2021 District of Columbia Code|Title 26 - Banks and Other Financial Institutions|Chapter 4 - Common Trust Funds|§ 26-403. Court accountings

Unless ordered by a court of competent jurisdiction the bank or trust company operating such common trust funds is not required to render a court accounting with regard to such common trust funds; but it may, by application to the Superior Court of the District of Columbia, secure approval of such accounting on such conditions as the Court may establish.  (Oct. 27, 1949, 63 Stat. 938, ch. 767, § 3; July 29, 1970, 84 Stat. 572, Pub. L. 91-358, title I, § 155(c) (34).)  Prior Codifications 1981 Ed., § 26-303. 1973 Ed., § 26-703. Editor's Notes Uniform Law: This section is based upon § 2 of the Uniform Common Trust Fund Act.
DC Code § 26-404 (2021)
2021 District of Columbia Code|Title 26 - Banks and Other Financial Institutions|Chapter 4 - Common Trust Funds|§ 26-404. Uniformity of laws

This chapter shall be so interpreted and construed as to effectuate its general purpose to make uniform the law of the District of Columbia with the law of those states which enact the Uniform Common Trust Fund Act.  (Oct. 27, 1949, 63 Stat. 939, ch. 767, § 4.)  Prior Codifications 1981 Ed., § 26-304. 1973 Ed., § 26-704. Editor's Notes Uniform Law: This section is based upon § 3 of the Uniform Common Trust Fund Act.
DC Code § 26-431.01 (2021)
2021 District of Columbia Code|Title 26 - Banks and Other Financial Institutions|Chapter 4A - Community Development by Financial Institutions|§ 26-431.01. Short title

This chapter may be cited as the “Community Development Act of 2000”.  (June 9, 2001, D.C. Law 13-308, § 401, 48 DCR 3244.)
DC Code § 26-431.03 (2021)
2021 District of Columbia Code|Title 26 - Banks and Other Financial Institutions|Chapter 4A - Community Development by Financial Institutions|§ 26-431.03. Community needs obligation

A financial institution shall have a continuing and affirmative obligation to meet the credit needs of its local communities, including low-income and moderate-income area, consistent with the safe and sound operation of the financial institution.  (June 9, 2001, D.C. Law 13-308, § 403, 48 DCR 3244.)  Section References This section is referenced in § 26-431.06.
DC Code § 26-431.05 (2021)
2021 District of Columbia Code|Title 26 - Banks and Other Financial Institutions|Chapter 4A - Community Development by Financial Institutions|§ 26-431.05. Monitoring compliance with the community development plan

(a) The Commissioner shall monitor whether a financial institution is satisfying its continuing and affirmative obligation to meet the credit needs of its local communities, including low-income and moderate-income areas, consistent with safe and sound operation of the financial institution. (b) The Commissioner shall issue an annual report to the Mayor and the Council on each financial institution’s compliance with its community development plan. In the annual report, the Commissioner shall include an assessment of the community reinvestment performance of each financial institution using the applicable methodology set forth in the Community Reinvestment Act and shall include the rating for each financial institution under the system developed under § 26-431.06. (c) The CFO shall issue an annual report to the Mayor and the Council on which deposit-receiving institutions received contracts for deposits of District funds, excluding funds associated with District debt financings, with a summary of the terms of the contract and the amounts deposited.  (June 9, 2001, D.C. Law 13-308, § 405, 48 DCR 3244; Mar. 11, 2015, D.C. Law 20-226, § 2(c), 62 DCR 255.)  Section References This section is referenced in § 26-431.04. Effect of Amendments The 2015 amendment by D.C. Law 20-226 added (c).
DC Code § 26-431.06 (2021)
2021 District of Columbia Code|Title 26 - Banks and Other Financial Institutions|Chapter 4A - Community Development by Financial Institutions|§ 26-431.06. Rating system for community development performance

(a) The Commissioner shall establish, by regulation, a system to rate the community development performance of a financial institution. The system shall include the following rating categories: (1) Outstanding record of performance in meeting the credit needs of its local communities; (2) Highly satisfactory record of performance in meeting the credit needs of its local communities; (3) Satisfactory record of performance in meeting the credit needs of its local communities; (4) Needs to improve record of performance in meeting the credit needs of its local communities; and (5) Substantial noncompliance in meeting the credit needs of its local communities. (b) The Commissioner shall consider the compliance of the financial institution with the community development plan submitted under § 26-431.03 in assessing and rating the community development performance of the financial institution. (c) The CFO, when evaluating the community development plan of a deposit-receiving institution shall review the rating category or score assigned to the deposit-receiving institution’s plan by the applicable financial supervisory agency and shall publish the final review on its website. (d) The CFO shall receive public comments during a 30-day public comment period when reviewing and evaluating the community development plan of a deposit-receiving institution. (e) The CFO shall consider in the evaluation done pursuant to subsection (c) of this section whether a deposit-receiving institution is engaged in discriminatory, unfair, or deceptive lending practices as determined by federal agencies under the Equal Credit Opportunity Act, approved October 28, 1974 (88 Stat. 1521; 15 U.S.C. § 1691 et seq.), and the Fair Housing Act, approved September 13, 1988 (82 Stat. 81; 42 U.S.C. §§ 3601 et seq.), and their implementing regulations, or under Chapter 11A of this title [§ 26-1151.01et seq.], or Chapter 39 of Title 28 [§ 28-3901et seq.], and their implementing regulations. (f) To apply for a deposit services contract with the District government, a financial institution must receive at least a “satisfactory” rating on its most recent CRA exam.  (June 9, 2001, D.C. Law 13-308, § 406, 48 DCR 3244; Mar. 11, 2015, D.C. Law 20-226, § 2(d), 62 DCR 255.)  Section References This section is referenced in § 26-431.05. Effect of Amendments The 2015 amendment by D.C. Law 20-226 added (c) through (f).
DC Code § 26-431.07 (2021)
2021 District of Columbia Code|Title 26 - Banks and Other Financial Institutions|Chapter 4A - Community Development by Financial Institutions|§ 26-431.07. Examinations in cooperation with other regulators

(a) The Commissioner may enter into cooperative agreements with financial institutions regulators in jurisdictions other than the District, including federal regulators, for the coordination of, or joint participation, in a community performance evaluation and the amount and assessment of fees for the examination or actions related to the examination. (b) The Commissioner may accept evaluations performed under the agreements described in subsection (a) of this section.  (June 9, 2001, D.C. Law 13-308, § 407, 48 DCR 3244.)
DC Code § 26-431.08 (2021)
2021 District of Columbia Code|Title 26 - Banks and Other Financial Institutions|Chapter 4A - Community Development by Financial Institutions|§ 26-431.08. Authority of Commissioner to issue rules and regulations

The Commissioner may promulgate rules and regulations to implement the provisions of this chapter pursuant to subchapter I to Chapter 5 of Title 2.  (June 9, 2001, D.C. Law 13-308, § 408, 48 DCR 3244.)  Cross References Banking institutions organized under federal statute, application of District law, see § 26-710.
DC Code § 26-531 (2021)
2021 District of Columbia Code|Title 26 - Banks and Other Financial Institutions|Chapter 5A - Data Match Requirements for Financial Institution|§ 26-531. Definitions

For purposes of this chapter, the term: (1) “Account” means a demand deposit account, checking or negotiable withdrawal order account, savings account, time deposit account, or money-market mutual fund account. (2) “Financial institution” means the institution as defined in section 469A(d)(1) of the Social Security Act, approved August 22, 1996 (110 Stat. 2105; 42 U.S.C. § 669A(d)(1)). (3) “IV-D agency” means the organizational unit of the District government, or any successor organizational unit, that is responsible for administering or supervising the administration of the District’s State Plan under title IV, part D of the Social Security Act, approved January 4, 1975 (88 Stat. 2351; 42 U.S.C. § 651 et seq.), pertaining to parent locator services, paternity establishment, and the establishment, modification, and enforcement of support orders.  (Apr. 3, 2001, D.C. Law 13-269, § 202, 48 DCR 1270.)  Emergency Legislation For temporary (90 day) addition of section, see § 201 of the Child Support and Welfare Reform Compliance Emergency Amendment Act of 2001 (D.C. Act 13-446, November 7, 2000, 47 DCR 9213). For temporary (90 day) addition of section, see § 202 of Child Support and Welfare Reform Compliance Congressional Review Emergency Amendment Act of 2001 (D.C. Act 14-5, February 13, 2001, 48 DCR 2440). Temporary Legislation Section 201 of D.C. Law 13-207 added this section. Section 401(b) of D.C. Law 13-207 provided that the act shall expire after 225 days of its having taken effect.
DC Code § 26-532 (2021)
2021 District of Columbia Code|Title 26 - Banks and Other Financial Institutions|Chapter 5A - Data Match Requirements for Financial Institution|§ 26-532. Obligations of financial institutions; fees; liability; penalties

(a) A financial institution doing business in the District shall: (1) Upon the request of the IV-D agency, enter into agreements with the IV-D agency to develop and operate a data-match system in which the financial institution is required to provide for each calendar quarter the name, record address, social security number or other taxpayer identification number, and other identifying information (including account number) for each noncustodial parent who maintains an account at the institution, individually or jointly, and who owes past-due child or spousal support that is enforced by the IV-D agency, as identified by the Mayor by name and social security number or other taxpayer identification number; and (2) Encumber or surrender assets held by the institution on behalf of a noncustodial parent who is subject to a lien pursuant to § 46-224 in response to a notice of lien or levy from the Superior Court or the IV-D agency. (b) The IV-D agency may pay a reasonable fee to a financial institution for conducting the data match provided for in subsection (a) of this section, not to exceed the actual costs incurred by the financial institution. (c) A financial institution shall not be liable under any District law for: (1) Any disclosure of information to the IV-D agency under subsection (a) of this section; (2) Encumbering or surrendering, in response to a notice of lien or levy issued by the IV-D agency, any assets it holds; or (3) Any other action taken in good faith to comply with subsection (a) of this section. (d) A financial institution that intentionally fails to comply with subsection (a) of this section shall be subject to a penalty of $5,000 for each failure to conduct a data match with data that the IV-D agency submits or attempts to submit to the financial institution. For purposes of this subsection, a single data submission may include data concerning multiple obligors. Penalties pursuant to this subsection shall be enforced in the Superior Court by the Corporation Counsel of the District of Columbia.  (Apr. 3, 2001, D.C. Law 13-269, § 203, 48 DCR 1270.)  Emergency Legislation For temporary (90 day) addition of section, see § 201 of the Child Support and Welfare Reform Compliance Emergency Amendment Act of 2001 (D.C. Act 13-446, November 7, 2000, 47 DCR 9213). For temporary (90 day) addition of section, see § 203 of Child Support and Welfare Reform Compliance Congressional Review Emergency Amendment Act of 2001 (D.C. Act 14-5, February 13, 2001, 48 DCR 2440). Temporary Legislation Section 201 of D.C. Law 13-207 added this section. Section 401(b) of D.C. Law 13-207 provided that the act shall expire after 225 days of its having taken effect.
DC Code § 26-533 (2021)
2021 District of Columbia Code|Title 26 - Banks and Other Financial Institutions|Chapter 5A - Data Match Requirements for Financial Institution|§ 26-533. Liability of IV-D agency

The IV-D agency shall disclose a person’s financial records obtained from a financial institution only for the purpose of, and to the extent necessary in, establishing, modifying, or enforcing a support obligation of that person. Unauthorized disclosure may result in the awarding of civil damages pursuant to section 469A(c) of the Social Security Act, approved August 22, 1996 (110 Stat. 2105; 42 U.S.C. § 659A(c) ).  (Apr. 3, 2001, D.C. Law 13-269, § 204, 48 DCR 1270.)  Emergency Legislation For temporary (90 day) addition of section, see § 201 of the Child Support and Welfare Reform Compliance Emergency Amendment Act of 2001 (D.C. Act 13-446, November 7, 2000, 47 DCR 9213). For temporary (90 day) addition of section, see § 204 of Child Support and Welfare Reform Compliance Congressional Review Emergency Amendment Act of 2001 (D.C. Act 14-5, February 13, 2001, 48 DCR 2440). Temporary Legislation Section 201 of D.C. Law 13-207 added this section. Section 401(b) of D.C. Law 13-207 provided that the act shall expire after 225 days of its having taken effect.
DC Code § 26-601 (2021)
2021 District of Columbia Code|Title 26 - Banks and Other Financial Institutions|Chapter 6 - Special Account for Office of Banking and Financial Institutions|§ 26-601. Definitions. [Repealed]

Repealed.  (Mar. 20, 1998, D.C. Law 12-60, § 1802, 44 DCR 7378; Mar. 26, 1999, D.C. Law 12-175, § 1902(a), 45 DCR 7193.)  Prior Codifications 1981 Ed., § 26-802.2. Emergency Legislation For temporary repeal of section, see § 1502(a) of the Fiscal Year 1999 Budget Support Emergency Act of 1998 (D.C. Act 12-401, July 13, 1998, 45 DCR 4794) and § 1502(a) of the Fiscal Year 1999 Budget Support Congressional Review Emergency Act of 1998 (D.C. Act 12-564, January 12, 1999, 46 DCR 669). For temporary (90-day) amendment of section, see § 1502(a) of the Fiscal Year 1999 Budget Support Congressional Review Emergency Act of 1999 (D.C. Act 13-41, March 31, 1999, 46 DCR 3446). Temporary Legislation D.C. Law 12-59, title XVIII, § 1802 ( 44 DCR 7356), eff. March 20, 1998, provided for the temporary addition of this section. Section 2001(b) of D.C. Law 12-59 provided for expiration “after 225 days of its having taken effect.” Section 2002 of D.C. Law 12-59 provided: “Sec. 2002. This act shall apply as of October 1, 1997.” Editor's Notes D.C. Law 12-60, title XVIII, § 1802 ( 44 DCR 7378), eff. March 20, 1998, added this section. Section 2002 of D.C. Law 12-60 provided: “Sec. 2002. This act shall apply as of October 1, 1997.” Application of D.C. Law 12-175: Section 1904 of D.C. Law 12-175 provided that the act shall apply as of October 1, 1998.
DC Code § 26-602 (2021)
2021 District of Columbia Code|Title 26 - Banks and Other Financial Institutions|Chapter 6 - Special Account for Office of Banking and Financial Institutions|§ 26-602. Establishment of special account. [Repealed]

Repealed.  (Mar. 20, 1998, D.C. Law 12-60, § 1803, 44 DCR 7378; Mar. 26, 1999, D.C. Law 12-175, § 1902(b), 45 DCR 7193; Apr. 20, 1999, D.C. Law 12-264, § 25, 46 DCR 2118; Apr. 13, 2005, D.C. Law 15-354, § 36, 52 DCR 2638.)  Prior Codifications 1981 Ed., § 26-802.3. Emergency Legislation For temporary addition of §§  26-802.3 and 26-802.4 [1981 Ed.], see §§ 1802 to 1804 of the Fiscal Year 1998 Revised Budget Support Emergency Act of 1997 (D.C. Act 12-152, October 17, 1997, 44 DCR 6196) and §§ 1802 to 1804 of the Fiscal Year 1998 Revised Budget Support Congressional Review Emergency Act of 1997 (D.C. Act 12-239, January 13, 1998, 45 DCR 508). For temporary amendment of section, see § 1502(b) of the Fiscal Year 1999 Budget Support Emergency Act of 1998 (D.C. Act 12-401, July 13, 1998, 45 DCR 4794), and § 1502(b) of the Fiscal Year 1999 Budget Support Congressional Review Emergency Act of 1998 (D.C. Act 12-564, January 12, 1999, 46 DCR 669). For temporary (90-day) amendment of section, see § 1502(b) of the Fiscal Year 1999 Budget Support Congressional Review Emergency Act of 1999 (D.C. Act 13-41, March 31, 1999, 46 DCR 3446). For temporary (90-day) amendment of section, see § 1502(c) of the Fiscal Year 1999 Budget Support Congressional Review Emergency Act of 1999 (D.C. Act 13-41, March 31, 1999, 46 DCR 3446). Temporary Legislation Sections 1802 through 1804 of D.C. Law 12-59 added §§ 26-802.3 and 26-802.4 [1981 Ed.]. Section 2001(b) of D.C. Law 12-59 provided the act shall expire after 225 days of its having taken effect. Editor's Notes Application of Law 12-60: Section 2002 of D.C. Law 12-60 provided that the act shall apply as of October 1, 1997. Application of D.C. Law 12-175: See Historical and Statutory Notes following § 26-601.
DC Code § 26-603 (2021)
2021 District of Columbia Code|Title 26 - Banks and Other Financial Institutions|Chapter 6 - Special Account for Office of Banking and Financial Institutions|§ 26-603. Fees credited to the special account. [Repealed]

Repealed.  (Mar. 20, 1998, D.C. Law 12-60, § 1804(1), 44 DCR 7378; Mar. 26, 1999, D.C. Law 12-175, § 1902(c), 45 DCR 7193; Apr. 3, 2001, D.C. Law 13-263, § 1411(a), 48 DCR 991; May 7, 2002, D.C. Law 14-132, §§ 601(b), 602(a), 49 DCR 2551; Apr. 13, 2005, D.C. Law 15-354, § 36, 52 DCR 2638.)  Prior Codifications 1981 Ed., § 26-802.4. Emergency Legislation For temporary amendment of section, see § 1502(c) of the Fiscal Year 1999 Budget Support Emergency Act of 1998 (D.C. Act 12-401, July 13, 1998, 45 DCR 4794) and § 1502(c) of the Fiscal Year 1999 Budget Support Congressional Review Emergency Act of 1999 (D.C. Act 12-564, January 12, 1999, 46 DCR 669). Section 2 of Act 14-188, the “Protections from Predatory Lending and Mortgage Foreclosure Improvements Emergency Amendment Act”, deemed approved Nov. 27, 2001, without the signature of the Mayor, provided that D.C. Law 13-263 shall not apply beginning November 6, 2001, through March 6, 2002. For temporary (90 day) amendment of section, see § 601(b) of Home Loan Protection Emergency Act of 2002 (D.C. Act 14-295, March 1, 2002, 49 DCR 2534). Temporary Legislation Section 2 of D.C. Law 14-86, the “Protections from Predatory Lending and Mortgage Foreclosure Improvements Temporary Amendment Act of 2001”, effective March 19, 2002, provided that D.C. Law 13-263 shall not apply beginning November 6, 2001, through March 6, 2002. Section 4(b) of D.C. Law 14-86 provided that the act shall expire after 225 days of its having taken effect. For temporary addition of sections, see notes following § 26-602. Editor's Notes Application of Law 12-60: See Historical and Statutory Notes following § 26-602. Application of D.C. Law 12-175: See Historical and Statutory Notes following § 26-601.
DC Code § 26-632 (2021)
2021 District of Columbia Code|Title 26 - Banks and Other Financial Institutions|Chapter 6A - International Banking|§ 26-632. Construction of legal and financial terms used in chapter

Legal and financial terms used in this chapter refer to equivalent terms used by the country in which the international banking corporation is organized.  (Apr. 3, 2001, D.C. Law 13-268, § 3, 48 DCR 1251.)
DC Code § 26-633 (2021)
2021 District of Columbia Code|Title 26 - Banks and Other Financial Institutions|Chapter 6A - International Banking|§ 26-633. Application of the District of Columbia Banking Code

(a) An international banking corporation having an office in the District of Columbia shall be subject to all the provisions of the District of Columbia Banking Code as though the international banking corporation is a bank organized under the laws of the District of Columbia, except where it may appear, from the context or otherwise, that such provisions are clearly applicable only to banks or trust companies organized under the laws of the District of Columbia. (b) An international banking corporation may conduct its banking business in the District of Columbia with the same, but no greater, rights and privileges as a District of Columbia bank, and except as otherwise provided in this chapter, subject to the same duties, restrictions, penalties, and liabilities now or hereafter imposed under the District of Columbia Banking Code upon a District of Columbia bank.  (Apr. 3, 2001, D.C. Law 13-268, § 4, 48 DCR 1251.)  Section References This section is referenced in § 26-636.
DC Code § 26-634 (2021)
2021 District of Columbia Code|Title 26 - Banks and Other Financial Institutions|Chapter 6A - International Banking|§ 26-634. Requirements for international banking corporation activities

(a) An international banking corporation may transact a banking business, or maintain in the District of Columbia an office for carrying on such business, or any part thereof, if the corporation has: (1) Been authorized by its charter to carry on a banking business and has complied with the laws of the jurisdiction in which it is chartered; (2) Furnished to the Department such proof as to the nature and character of its business and as to its financial condition as the Department may require; (3) Filed with the Department a certified copy of any information required to be supplied to the District of Columbia by a foreign corporation under § 29-101.99; and (4) Been licensed by the Department. (b) An international banking corporation may engage in representational and other activities in the District of Columbia, other than those specified in § 26-635, only as authorized in § 26-636. (c) Any person who establishes or maintains an office or transacts business in the District of Columbia in violation of this section shall be subject to the penalties imposed by § 26-103(g).  (Apr. 3, 2001, D.C. Law 13-268, § 5, 48 DCR 1251.)  Section References This section is referenced in § 26-635.