Section 44-951.07 - Transfer of assets under Deed of Trust

Transfer of assets under Deed of Trust

Upon foreclosure under the Deed of Trust, Security Agreement, Fixture Filing and Restrictive Covenants signed by CMC Realty, LLC and Capital Medical Center, LLC on November 7, 2007, or upon any other transfer of assets, the Mayor is authorized to transfer all of the assets, including cash, accounts receivable, and real and personal property, of United Medical Center to the Corporation.

CREDIT(S)

(Sept. 14, 2011, D.C. Law 19-21, § 5118, 58 DCR 6226.)

HISTORICAL AND STATUTORY NOTES

Legislative History of Laws
For history of Law 19-21, see notes under § 44-951.01.

Current through September 13, 2012