05. Custody if transaction took place in the District. Except as otherwise provided in § 41-153.02, § 41-153.03, or § 41-153.04, the Administrator may take custody of property presumed abandoned whether located in the District or another state if: (1) The transaction out of which the property arose took place in the District; (2) The holder is domiciled in a state that does not provide for the custodial taking of the property, except that if the property is specifically exempt from custodial taking under the law of the state of the holder's domicile, the property is not subject to the custody of the Administrator; and (3) The last-known address of the apparent owner or other person entitled to the property is unknown or in a state that does not provide for the custodial taking of the property, except that if the property is specifically exempt from custodial taking under the law of the state of the last-known address, the property is not subject to the custody of the Administrator. (Nov. 13, 2021, D.C. Law 24-45, § 7021, 68 DCR 010163.)
District of Columbia Legal Code