D.C. Code § 41-156.01: Definition of good faith.
Where this section sits in the code
- Title 41. Personal Property.
- Chapter 1A. Revised Uniform Unclaimed Property Act.
- Subchapter VI. Taking Custody of Property by Administrator.
(a)
In this subchapter, payment or delivery of property is made in good faith if a holder:
(1)
Had a reasonable basis for believing, based on the facts then known, that the property was required or permitted to be paid or delivered to the Administrator under this chapter; or
(2)
Made payment or delivery:
(A)
In response to a demand by the Administrator or Administrator's agent; or
(B)
Under a guidance or ruling issued by the Administrator which the holder reasonably believed required or permitted the property to be paid or delivered.
Collected 2026-08-29T05:44:07Z. Source file · JSON