{"data":{"id":"us-dc/d.c.-code-41-152.01","jurisdiction":"us-dc","citation":"D.C. Code § 41-152.01","heading":"When property is presumed abandoned.","body":"(a)\nSubject to § 41-152.10, the following property is presumed abandoned if it is unclaimed by the apparent owner during the period specified below:\n(1)\nA traveler's check, 15 years after issuance;\n(2)\nA money order, 7 years after issuance;\n(3)\nA state or municipal bond, bearer bond, or original-issue-discount bond, 3 years after the earliest of the date the bond matures or is called or the obligation to pay the principal of the bond arises;\n(4)\nA debt of a business association, 3 years after the obligation to pay arises;\n(5)\nA payroll card or demand, savings, or time deposit, including a deposit that is automatically renewable, 3 years after the maturity of the deposit, except a deposit that is automatically renewable is deemed matured on its initial date of maturity unless the apparent owner consented in a record on file with the holder to renewal at or about the time of the renewal;\n(6)\nMoney or a credit owed to a customer as a result of a retail business transaction, 3 years after the obligation arose;\n(7)\nAn amount owed by an insurance company on a life or endowment insurance policy or an annuity contract that has matured or terminated, 3 years after the obligation to pay arose under the terms of the policy or contract or, if a policy or contract for which an amount is owed on proof of death has not matured by proof of the death of the insured or annuitant, as follows:\n(A)\nWith respect to an amount owed on a life or endowment insurance policy, 3 years after the earlier of the date:\n(i)\nThe insurance company has knowledge of the death of the insured; or\n(ii)\nThe insured has attained, or would have attained if living, the limiting age under the mortality table on which the reserve for the policy is based; and\n(B)\nWith respect to an amount owed on an annuity contract, 3 years after the date the insurance company has knowledge of the death of the annuitant.\n(8)\nProperty distributable by a business association in the course of dissolution, one year after the property becomes distributable;\n(9)\nProperty held by a court, including property received as proceeds of a class action, one year after the property becomes distributable;\n(10)\nProperty held by a government or governmental subdivision, agency, or instrumentality, including municipal bond interest and unredeemed principal under the administration of a paying agent or indenture trustee, one year after the property becomes distributable;\n(11)\nWages, commissions, bonuses, or reimbursements to which an employee is entitled, or other compensation for personal services, other than amounts held in a payroll card, one year after the amount becomes payable;\n(12)\nA deposit or refund owed to a subscriber by a utility, one year after the deposit or refund becomes payable; and\n(13)\nProperty not specified in this section or §§ 41-152.02 through § 41-152.08, the earlier of 3 years after the owner first has a right to demand the property and 3 years after the obligation to pay or distribute the property arises.","path":["Title 41. Personal Property.","Chapter 1A. Revised Uniform Unclaimed Property Act.","Subchapter II. Presumption of Abandonment."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/41-152.01","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"3b1f0d990f1918343bd0bfc9c6282ac52c36a41228e82907cac6b4f247ad0c57","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-41-151.04","next":"us-dc/d.c.-code-41-152.02"},"notice":"GroundRules: Original legal text. Not legal advice."}