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District of Columbia · Through 2026-08-20 (D.C. Law 26-175)

D.C. Code § 41-156.01: Definition of good faith.

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Where this section sits in the code
  1. Title 41. Personal Property.
  2. Chapter 1A. Revised Uniform Unclaimed Property Act.
  3. 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

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