- (a) No more than 20% of the funds in the opportunity account reserve fund account shall be used for administrative costs of the opportunity account program during either of the first 2 years of an opportunity account program. No more than 15% of the funds in the opportunity account reserve fund account may be used for administrative costs during any subsequent year.
- (b) Funds deposited by account holders shall not be used for administrative costs.
History
Apr. 3, 2001, D.C. Law 13-266, § 12, 48 DCR 1240