A District of Columbia Subscription Agreement — A Section 3C1 Fund is a legal document that outlines the terms and conditions of an investment in a fund that qualifies under Section 3C1 of the District of Columbia Code. This agreement is specific to investment funds based in the District of Columbia. Section 3C1 of the District of Columbia Code pertains to the taxation of investment funds, providing certain exemptions and benefits to fund managers and investors. To avail of these benefits, investors must adhere to the requirements stated in the District of Columbia Subscription Agreement. The agreement typically includes detailed information about the fund, its objectives, investment strategies, and restrictions. It outlines the terms of the investment, such as the minimum investment amount, subscription fees, and lock-up periods. Additionally, the agreement may also include provisions related to the calculation and distribution of the fund's profits, as well as the redemption or transfer of the investment. Depending on the specific type of fund, there may be different variations of the District of Columbia Subscription Agreement — A Section 3C1 Fund. Some examples of these variations include: 1. Hedge Fund Subscription Agreement — A Section 3C1 Fund: This type of agreement applies to hedge funds operating within the District of Columbia that meet the requirements of Section 3C1 of the District of Columbia Code. 2. Private Equity Subscription Agreement — A Section 3C1 Fund: This agreement is tailored specifically for private equity funds that qualify under Section 3C1 of the District of Columbia Code. 3. Venture Capital Subscription Agreement — A Section 3C1 Fund: This variation of the agreement is applicable to venture capital funds based in the District of Columbia that meet the criteria outlined in Section 3C1. In summary, a District of Columbia Subscription Agreement — A Section 3C1 Fund is a legal contract governing the terms of investment in a fund that qualifies under Section 3C1 of the District of Columbia Code. It ensures compliance with the District of Columbia's tax regulations and outlines the rights and obligations of both the fund manager and the investor.