§ 41-110Title 41
Property of business associations and banking or financial organizations held in course of dissolution.
All intangible personal property distributable in the course of a voluntary or involuntary dissolution of a business association, banking organization, or financial organization organized under the laws of or created in the District, that is unclaimed by the owner within 60 days after the date of final distribution, is presumed abandoned.
Annotations
Mar. 5, 1981, D.C. Law 3-160, § 110, 27 DCR 5150 Sept. 29, 1992, D.C. Law 9-161, § 2(h), 39 DCR 5696 Uniform Law: This section is based upon § 11 of the Uniform Unclaimed Property Act (1981 Act). 1981 Ed., § 42-210.
Sourced from the DC Council Open Law Library (public domain).
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