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Subchapter I - Short Title; Definitions; Rules
§ 41–151.01. Short title - This chapter may be cited as the "Revised Uniform Unclaimed...
§ 41–151.02. Definitions - For the purposes of this chapter, the term: (1) "Administrator"...
§ 41–151.03. Inapplicability to foreign transaction - This chapter does not apply to property held, due, and...
§ 41–151.04. Rules - (a) The Mayor may, pursuant to subchapter I of Chapter...
Subchapter II - Presumption of Abandonment
§ 41–152.01. When property is presumed abandoned - Subject to § 41-152.10, the following property is presumed abandoned...
§ 41–152.02. When tax-deferred retirement account presumed abandoned - (a) Subject to § 41-152.10, property held in a pension...
§ 41–152.03. When other tax-deferred account presumed abandoned - Subject to § 41-152.10 and except for property described in...
§ 41–152.04. When custodial account for minor presumed abandoned - (a) Subject to § 41-152.10, property held in an account...
§ 41–152.05. When contents of safe-deposit box presumed abandoned - Tangible property held in a safe-deposit box and proceeds from...
§ 41–152.06. When stored-value card presumed abandoned - (a) Subject to § 41-152.10, the net card value of...
§ 41–152.07. When gift card presumed abandoned - Subject to § 41-152.10, a gift card is presumed abandoned...
§ 41–152.08. When security presumed abandoned - (a) Subject to § 41-152.10, a security is presumed abandoned...
§ 41–152.09. When related property presumed abandoned - At and after the time property is presumed abandoned under...
§ 41–152.10. Indication of apparent owner interest in property - (a) The period after which property is presumed abandoned is...
§ 41–152.11. Knowledge of death of insured or annuitant - (a) In this section, "death master file" means the United...
§ 41–152.12. Deposit account for proceeds of insurance policy or annuity contract - If proceeds payable under a life or endowment insurance policy...
Subchapter III - Rules for Taking Custody of Property Presumed Abandoned
§ 41–153.01. Address of apparent owner to establish priority - In this subchapter, the following rules apply: (1) The last-known...
§ 41–153.02. Address of apparent owner in the District - The Administrator may take custody of property that is presumed...
§ 41–153.03. If records show multiple addresses of apparent owner - (a) Except as otherwise provided in subsection (b) of this...
§ 41–153.04. Holder domiciled in the District - (a) Except as otherwise provided in subsection (b) of this...
§ 41–153.05. Custody if transaction took place in the District - Except as otherwise provided in § 41-153.02, § 41-153.03, or...
§ 41–153.06. Traveler's check, money order, or similar instrument - The Administrator may take custody of sums payable on a...
§ 41–153.07. Burden of proof to establish Administrator's right to custody - If the Administrator asserts a right to custody of unclaimed...
Subchapter IV - Report by Holder
§ 41–154.01. Report required by holder - (a) A holder of property presumed abandoned and subject to...
§ 41–154.02. Content of report - (a) The report required under § 41-154.01 shall: (1) Be...
§ 41–154.03. When report to be filed - (a) Except as otherwise provided in subsection (b) of this...
§ 41–154.04. Retention of records by holder - A holder required to file a report under § 41-154.01...
§ 41–154.05. Property reportable and payable or deliverable absent owner demand - Property is reportable and payable or deliverable under this chapter...
Subchapter V - Notice to Apparent Owner of Property Presumed Abandoned
§ 41–155.01. Notice to apparent owner by holder - (a) Subject to subsection (b) of this section, the holder...
§ 41–155.02. Contents of notice by holder - (a) Notice under § 41-155.01 shall contain a heading that...
§ 41–155.03. Notice by Administrator - (a) The Administrator shall make a reasonable effort to give...
§ 41–155.04. Cooperation among District officers and agencies to locate apparent owner - Unless prohibited by law of the District other than this...
Subchapter VI - Taking Custody of Property by Administrator
§ 41–156.01. Definition of good faith - In this subchapter, payment or delivery of property is made...
§ 41–156.02. Dormancy charge - (a) A holder may deduct a dormancy charge from property...
§ 41–156.03. Payment or delivery of property to Administrator - (a) Except as otherwise provided in this section, on filing...
§ 41–156.04. Effect of payment or delivery of property to Administrator - (a) On payment or delivery of property to the Administrator...
§ 41–156.05. Recovery of property by holder from Administrator - (a) A holder that under this chapter pays money to...
§ 41–156.06. Property removed from safe-deposit box - (a) Property removed from a safe-deposit box and delivered under...
§ 41–156.07. Crediting income or gain to owner's account - (a) If property other than money is delivered to the...
§ 41–156.08. Administrator's options as to custody - (a) The Administrator may decline to take custody of property...
§ 41–156.09. Disposition of property having no substantial value; immunity from liability - (a) If the Administrator takes custody of property delivered under...
§ 41–156.10. Periods of limitation and repose - (a) Expiration, before, on, or after November 13, 2021, of...
Subchapter VII - Sale of Property by Administrator
§ 41–157.01. Public sale of property - (a) Subject to § 41-157.02, not earlier than one year...
§ 41–157.02. Disposal of securities - (a) The Administrator may not sell or otherwise liquidate a...
§ 41–157.03. Recovery of securities or value by owner - (a) If the Administrator sells a security before the expiration...
§ 41–157.04. Purchaser owns property after sale - A purchaser of property at a sale conducted by the...
§ 41–157.05. Military medal or decoration - (a) The Administrator may not sell a medal or decoration...
Subchapter VIII - Administration of Property
§ 41–158.01. Deposit of funds by Administrator - (a) The Administrator shall deposit all funds received under this...
§ 41–158.02. Administrator to retain records of property - The Administrator shall: (1) Record and retain the name and...
§ 41–158.03. Expenses and service charges of Administrator - Before making a deposit of funds received under this chapter...
§ 41–158.04. Administrator holds property as custodian for owner - Property received by the Administrator under this chapter is held...
Subchapter IX - Claim to Recover Property from Administrator
§ 41–159.01. Claim of another state to recover property - (a) If the Administrator knows that property held by the...
§ 41–159.02. When property subject to recovery by another state - (a) Property held under this chapter by the Administrator is...
§ 41–159.03. Claim for property by person claiming to be owner - (a) A person claiming to be the owner of property...
§ 41–159.04. When Administrator must honor claim for property - (a) The Administrator shall pay or deliver property to a...
§ 41–159.05. Allowance of claim for property by the District - (a) Not later than 45 days after a claim is...
§ 41–159.06. Action by person whose claim is denied - Not later than one year after filing a claim under...
Subchapter X - Verified Report of Property; Examination of Records
§ 41–160.01. Verified report of property - If a person does not file a report required by...
§ 41–160.02. Examination of records to determine compliance - The Administrator, at reasonable times and on reasonable notice, may:...
§ 41–160.03. Rules for conducting examination - (a) The Administrator shall adopt rules governing procedures and standards...
§ 41–160.04. Records obtained in examination - Records obtained and records, including work papers, compiled by the...
§ 41–160.05. Evidence of unpaid debt or undischarged obligation - (a) A record of a putative holder showing an unpaid...
§ 41–160.06. Failure of person examined to retain records - If a person subject to examination under § 41-160.02 does...
§ 41–160.07. Report to person whose records were examined - At the conclusion of an examination under § 41-160.02, the...
§ 41–160.08. Complaint to Administrator about conduct of person conducting examination - (a) If a person subject to examination under § 41-160.02...
§ 41–160.09. Administrator's contract with another to conduct examination - (a) In this section, "related to the Administrator" means an...
§ 41–160.10. Limit on future employment - The Administrator or an individual employed by the Administrator who...
§ 41–160.11. Report by Administrator at request of Mayor - (a) Pursuant to a request of the Mayor, the Administrator...
Subchapter XI - Determination of Liability; Putative Holder Remedies
§ 41–161.01. Determination of liability for unreported reportable property - If the Administrator determines from an examination conducted under §...
§ 41–161.02. Informal conference - (a) Not later than 30 days after receipt of a...
§ 41–161.03. Review of Administrator's determination - (a) Not later than 90 days after receiving notice of...
Subchapter XII - Enforcement
§ 41–162.01. Judicial action to enforce liability - (a) If a determination under § 41-161.01 becomes final and...
§ 41–162.02. Interstate and international agreement; cooperation - (a) Subject to subsection (b) of this section, the Administrator...
§ 41–162.03. Action involving another state or foreign country - (a) The Administrator may request that the Attorney General join...
§ 41–162.04. Interest and penalty for failure to act in timely manner - (a) A holder that fails to report, pay, or deliver...
§ 41–162.05. Other civil penalties - (a) If a holder enters into a contract or other...
§ 41–162.06. Waiver of interest and penalty - The Administrator: (1) May waive, in whole or in part,...
§ 41–162.07. Right to administrative hearing; entry of civil judgment by Superior Court - (a) A holder is entitled to a hearing on the...
Subchapter XIII - Agreement to Locate Property of Apparent Owner Held by Administrator
§ 41–163.01. When agreement to locate property enforceable - An agreement by an apparent owner and another person, the...
§ 41–163.02. When agreement to locate property void - (a) Subject to subsection (b) of this section, an agreement...
§ 41–163.03. Right of agent of apparent owner to recover property held by Administrator - (a) An apparent owner that contracts with another person to...
Subchapter XIV - Confidentiality and Security of Information
§ 41–164.01. Definitions; applicability - (a) In this subchapter, "personal information" means: (1) Information that...
§ 41–164.02. Confidential information - (a) Except as otherwise provided in this chapter, the following...
§ 41–164.03. When confidential information may be disclosed - (a) When reasonably necessary to enforce or implement this chapter,...
§ 41–164.04. Confidentiality agreement - A person to be examined under § 41-160.02 may require,...
§ 41–164.05. No confidential information in notice - Except as otherwise provided in §§ 41-155.01 and 41-155.02, a...
§ 41–164.06. Security of information - (a) If a holder is required to include confidential information...
§ 41–164.07. Security breach - (a) Except to the extent prohibited by law other than...
§ 41–164.08. Indemnification for breach by agent - (a) If a claim is made or action commenced arising...
Subchapter XV - Miscellaneous Provisions
§ 41–165.01. Uniformity of application and construction - In applying and construing this uniform act consideration must be...
§ 41–165.02. Relation to electronic signatures in global and national commerce act - This chapter modifies, limits, or supersedes the Electronic Signatures in...
§ 41–165.03. Transitional provision - (a) An initial report filed under this chapter for property...
§ 41–165.04. Transfer of funds - All funds in the trust fund established under § 41-123...