D.C. Code § 41-152.06: When stored-value card presumed abandoned.
Where this section sits in the code
- Title 41. Personal Property.
- Chapter 1A. Revised Uniform Unclaimed Property Act.
- Subchapter II. Presumption of Abandonment.
(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.
Collected 2026-08-29T05:44:07Z. Source file · JSON