{"data":{"id":"us-dc/d.c.-code-42-1659","jurisdiction":"us-dc","citation":"D.C. Code § 42-1659","heading":"Notice of appointment; claim against receivership; distribution to creditors.","body":"(a)\nExcept as otherwise provided in subsection (f) of this section, a receiver shall give notice of appointment of the receiver to creditors of the owner by:\n(1)\nDeposit for delivery through first-class mail or other commercially reasonable delivery method to the last-known address of each creditor; and\n(2)\nPublication as directed by the Superior Court.\n\n(b)\nExcept as otherwise provided in subsection (f) of this section, the notice required by subsection (a) of this section must specify the date by which each creditor holding a claim against the owner which arose before appointment of the receiver must submit the claim to the receiver. The date specified must be at least 90 days after the later of notice under subsection (a)(1) of this section or last publication under subsection (a)(2) of this section. The Superior Court may extend the period for submitting the claim. Unless the Superior Court orders otherwise, a claim that is not submitted timely is not entitled to a distribution from the receivership.\n\n(c)\nA claim submitted by a creditor under this section must:\n(1)\nState the name and address of the creditor;\n(2)\nState the amount and basis of the claim;\n(3)\nIdentify any property securing the claim;\n(4)\nBe signed by the creditor under penalty of perjury; and\n(5)\nInclude a copy of any record on which the claim is based.\n\n(d)\nAn assignment by a creditor of a claim against the owner is effective against the receiver only if the assignee gives timely notice of the assignment to the receiver in a signed record.\n\n(e)\nAt any time before entry of an order approving a receiver's final report, the receiver may file with the Superior Court an objection to a claim of a creditor, stating the basis for the objection. The Superior Court shall allow or disallow the claim according to law of the District other than this chapter.\n\n(f)\nIf the Superior Court concludes that receivership property is likely to be insufficient to satisfy claims of each creditor holding a perfected lien on the property, the Superior Court may order that:\n(1)\nThe receiver need not give notice under subsection (a) of this section of the appointment to all creditors of the owner, but only such creditors as the Superior Court directs; and\n(2)\nUnsecured creditors need not submit claims under this section.\n\n(g)\nSubject to § 42-1660:\n(1)\nA distribution of receivership property to a creditor holding a perfected lien on the property must be made in accordance with the creditor's priority under law of the District other than this chapter; and\n(2)\nA distribution of receivership property to a creditor with an allowed unsecured claim must be made as the Superior Court directs according to law of the District other than this act.","path":["Title 42. Real Property.","Chapter 16B. Uniform Commercial Real Estate Receivership."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/42-1659","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"058f193c3a8200030be354f1c23b8cff56876fb8285face107ca615a503d77b6","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-42-1658","next":"us-dc/d.c.-code-42-1660"},"notice":"GroundRules: Original legal text. Not legal advice."}
