{"data":{"id":"us-dc/d.c.-code-28-2954","jurisdiction":"us-dc","citation":"D.C. Code § 28-2954","heading":"Requirements for special deposit.","body":"(a)\nA deposit is a special deposit if it is:\n(1)\nA deposit of funds in a bank under an account agreement;\n(2)\nFor the benefit of at least 2 beneficiaries, one or more of which may be a depositor;\n(3)\nDenominated in a medium of exchange that is currently authorized or adopted by a domestic or foreign government;\n(4)\nFor a permissible purpose stated in the account agreement; and\n(5)\nSubject to a contingency.","path":["Title 28. Commercial Instruments and Transactions. [Enacted title]","Chapter 29A. Uniform Special Deposits."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/28-2954","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"4980c99ec5e392b99568da454805944c5fa6d79fd1c070483b18296f5900dc94","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-28-2953","next":"us-dc/d.c.-code-28-2955"},"notice":"GroundRules: Original legal text. Not legal advice."}