19 DCMR 815

815. ACCEPTING SECURITIES

Last amended: 2007Length: 140 wordsOfficial source

Cite as D.C. Mun. Regs. tit. 19, § 815

815 ACCEPTING SECURITIES 815.1 Once an applicant's donation for securities has been approved through the standard agency acceptance procedures, DCPL will provide the donor with a copy of the securities delivery instructions. 815.2 The OBT shall prepare the SOAR revenue cash receipt (RCR) and standard deposit ticket to OFT. 815.3 The donor delivers the donated securities to the District government's transfer agent. 815.4 The District's transfer agent will liquidate the securities and wire the net proceeds to OFT for deposit into the appropriate account. 815.5 The OFT shall notify the OB&F that the funds were deposited and issue a receipt to the donor. 815.6 The OFT will record the funds in SOAR based on the associated RCR to DCPL's AFO to confirm that the funds were recorded in SOAR. SOURCE: Final Rulemaking published at 54 DCR 9176 (September 21, 2007).
19 DCMR 815: 815. ACCEPTING SECURITIES | Justis AI