# D.C. Code § 26-431.03: Community needs obligation

> District of Columbia · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_DC_T26_C4A_S26-431.03

## Section

- **Citation:** D.C. Code § 26-431.03
- **Heading:** Community needs obligation
- **Jurisdiction:** District of Columbia
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** DC Code / Title 26 / Chapter 4A / § 26-431.03

## Text

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.

## Nearby sections

- [D.C. Code § 26-431.01 § 26-431.01. Short title.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T26_C4A_S26-431.01.md)
- [D.C. Code § 26-431.02 § 26-431.02. Definitions.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T26_C4A_S26-431.02.md)
- [D.C. Code § 26-431.03 § 26-431.03. Community needs obligation.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T26_C4A_S26-431.03.md)
- [D.C. Code § 26-431.04 § 26-431.04. Community development plan requirement.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T26_C4A_S26-431.04.md)
- [D.C. Code § 26-431.05 § 26-431.05. Monitoring compliance with the community development plan.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T26_C4A_S26-431.05.md)
- [D.C. Code § 26-431.06 § 26-431.06. Rating system for community development performance.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T26_C4A_S26-431.06.md)
- [D.C. Code § 26-431.07 § 26-431.07. Examinations in cooperation with other regulators.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T26_C4A_S26-431.07.md)
- [D.C. Code § 26-431.08 § 26-431.08. Authority of Commissioner to issue rules and regulations.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T26_C4A_S26-431.08.md)

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_DC_T26_C4A_S26-431.03. Check the current official text before relying on it. Not legal advice.