(a) Property removed from a safe-deposit box and delivered under this chapter to the Administrator under this chapter is subject to the holder's right to reimbursement for the cost of opening the box and a lien or contract providing reimbursement to the holder for unpaid rent charges for the box, provided that the holder makes a request under subsection (b) of this section.
(b) The Administrator shall reimburse the holder from the proceeds remaining after deducting the expense incurred by the Administrator in selling the property, if the holder makes a request for reimbursement after property from the safe deposit box is delivered to the Administrator.
(Nov. 13, 2021, D.C. Law 24-45, § 7038, 68 DCR 010163.)
Structure District of Columbia Code
Chapter 1A - Revised Uniform Unclaimed Property Act
Subchapter VI - Taking Custody of Property by Administrator
§ 41–156.01. Definition of good faith
§ 41–156.03. Payment or delivery of property to Administrator
§ 41–156.04. Effect of payment or delivery of property to Administrator
§ 41–156.05. Recovery of property by holder from Administrator
§ 41–156.06. Property removed from safe-deposit box
§ 41–156.07. Crediting income or gain to owner's account
§ 41–156.08. Administrator's options as to custody
§ 41–156.09. Disposition of property having no substantial value; immunity from liability