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.
D.C. Code § 26-431.03
Community needs obligation
Known as the Community Development Act
The act spans §§ 26-431.01 to 26-431.08 (8 sections).
June 9, 2001, D.C
Official source: D.C. Law Library (Council of the District of Columbia). Reproduced from public-domain District of Columbia statutes; confirm against the official source for the current text. Not legal advice.