D.C. Code § 28-2952: Scope; choice of law; forum.
Where this section sits in the code
- Title 28. Commercial Instruments and Transactions. [Enacted title]
- Chapter 29A. Uniform Special Deposits.
(a)
This chapter applies to a special deposit under an account agreement that states the intention of the parties to establish a special deposit governed by this chapter, regardless of whether a party to the account agreement or a transaction related to the special deposit, or the special deposit itself, has a reasonable relation to the District.
(b)
The parties to an account agreement may choose a forum in the District for settling a dispute arising out of the special deposit, regardless of whether a party to the account agreement or a transaction related to the special deposit, or the special deposit itself, has a reasonable relation to the District.
(c)
This chapter does not affect:
(1)
A right or obligation relating to a deposit other than a special deposit under this chapter; or
(2)
The voidability of a deposit or transfer that is fraudulent or voidable under other law.
Collected 2026-08-29T05:44:07Z. Source file · JSON