(a) If the Administrator takes custody of property delivered under this chapter and later determines that the property has no substantial commercial value or that the cost of disposing of the property will exceed the value of the property, the Administrator may return the property to the holder or destroy or otherwise dispose of the property.
(b) An action or proceeding may not be commenced against the District, an agency of the District, the Administrator, another officer, employee, or agent of the District, or a holder for or because of an act of the Administrator under this section, except for intentional misconduct or malfeasance.
(Nov. 13, 2021, D.C. Law 24-45, § 7041, 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