D.C. Code § 28-2962: Term and termination.

(a)

Unless otherwise provided in the account agreement, a special deposit terminates 5 years after the date the special deposit was first funded.

(b)

Unless otherwise provided in the account agreement, if the bank cannot identify or locate a beneficiary entitled to payment when the special deposit is terminated, and a balance remains in the special deposit, the bank shall pay the balance to the depositor or depositors as a beneficiary or beneficiaries.

(c)

A bank that pays the remaining balance as provided under subsection (b) of this section has no further obligation with respect to the special deposit.