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§ 41-162-06 — District of Columbia Law | CourtGPT
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  4. Title 41 - Personal Property/
  5. Chapter 1a - Revised Uniform Unclaimed Property Actsub/
  6. Subchapter Xii - Enforcement§ 41–162.01. Judicial Action to Enforce Liability/
  7. § 41-162-06
District of Columbia Legal Code

§ 41-162-06

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06. Waiver of interest and penalty. The Administrator: (1) May waive, in whole or in part, interest under § 41-162.04(a) and penalties under § 41-162.04(b) or § 41-162.05; and (2) Shall waive a penalty under § 41-162.04(b) if the Administrator determines that the holder acted in good faith and without negligence. (Nov. 13, 2021, D.C. Law 24-45, § 7077, 68 DCR 010163.)