{"data":{"id":"us-dc/d.c.-code-41-152.04","jurisdiction":"us-dc","citation":"D.C. Code § 41-152.04","heading":"When custodial account for minor presumed abandoned.","body":"(a)\nSubject to § 41-152.10, property held in an account established under §§ 21-301 to 21-324, or another state's Uniform Gifts to Minors Act or Uniform Transfers to Minors Act, is presumed abandoned if it is unclaimed by or on behalf of the minor on whose behalf the account was opened 3 years after the later of:\n(1)\nExcept as otherwise provided in paragraph (2) of this subsection, the date a second consecutive communication sent by the holder by first-class United States mail to the custodian of the minor on whose behalf the account was opened is returned undelivered to the holder by the United States Postal Service;\n(2)\nIf the second communication is sent later than 30 days after the date the first communication is returned undelivered, the date the first communication was returned undelivered; or\n(3)\nThe date on which the custodian is required to transfer the property to the minor or the minor's estate in accordance with the Uniform Gifts to Minors Act or Uniform Transfers to Minors Act of the state in which the account was opened.\n\n(b)\nIf the holder does not send communications to the custodian of the minor on whose behalf an account described in subsection (a) of this section was opened by first-class United States mail, the holder shall attempt to confirm the custodian's interest in the property by sending the custodian an electronic-mail communication not later than 2 years after the custodian's last indication of interest in the property. However, the holder promptly shall attempt to contact the custodian by first-class United States mail if:\n(1)\nThe holder does not have information needed to send the custodian an electronic mail communication or the holder believes that the custodian's electronic-mail-mail address in the holder's records is not valid;\n(2)\nThe holder receives notification that the electronic-mail communication was not received; or\n(3)\nThe custodian does not respond to the electronic-mail communication not later than 30 days after the communication was sent.\n\n(c)\nIf first-class United States mail sent under subsection (b) of this section is returned undelivered to the holder by the United States Postal Service, the property is presumed abandoned 3 years after the later of:\n(1)\nThe date a second consecutive communication to contact the custodian by first-class United States mail is returned to the holder undelivered by the United States Postal Service; or\n(2)\nThe date established by subsection (a)(3) of this section.\n\n(d)\nWhen the property in the account described in subsection (a) of this section is transferred to the minor on whose behalf an account was opened or to the minor's estate, the property in the account is no longer subject to this section.","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/41-152.04","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"79192fd228783e44ce4af7bb9625c451844d7ec9f854a44a4ac87a736902da86","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-41-152.03","next":"us-dc/d.c.-code-41-152.05"},"notice":"GroundRules: Original legal text. Not legal advice."}