D.C. Code § 26-215

Current through codified legislation effective October 30, 2024
Section 26-215 - Purchase of real property

Such corporation shall not invest its fund in any real estate except what is necessary for the conduct of its business, but may purchase such property at sales made upon foreclosure of mortgages or in satisfaction of judgments or other liens held by it; provided, that such property so purchased be sold within a reasonable time thereafter.

D.C. Code § 26-215

Mar. 3, 1901, 31 Stat. 1300, ch. 854, § 700.