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§ 41-152-06 — District of Columbia Law | CourtGPT
  1. Home/
  2. Laws/
  3. District of Columbia/
  4. Title 41 - Personal Property/
  5. Chapter 1a - Revised Uniform Unclaimed Property Actsub/
  6. Subchapter II - Presumption of Abandonment§ 41–152.01. When Property Is Presumed Abandoned/
  7. § 41-152-06
District of Columbia Legal Code

§ 41-152-06

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06. When stored-value card presumed abandoned. (a) Subject to § 41-152.10, the net card value of a stored-value card, other than a payroll card or a gift card, is presumed abandoned on the latest of 3 years after: (1) December 31 of the year in which the card is issued or additional funds are deposited into it; (2) The most recent indication of interest in the card by the apparent owner; or (3) A verification or review of the balance by or on behalf of the apparent owner. (b) The amount presumed abandoned in a stored-value card is the net card value at the time it is presumed abandoned. (Nov. 13, 2021, D.C. Law 24-45, § 7010, 68 DCR 010163.)