D.C. Code § 41-156.01
This is the official text of D.C. Code § 41-156.01, part of District of Columbia’s Code — part of the compiled statutory law of District of Columbia, published by the state as "Code." Browse the sections below, each linked to its official government source.
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§ 41-156.01. Definition of good faith.
Official statutory text
(a) In this subchapter , payment or delivery of property is made in good faith if a holder:
(1) Had a reasonable basis for believing, based on the facts then known, that the property was required or permitted to be paid or delivered to the Administrator under this chapter ; or
(2) Made payment or delivery:
(A) In response to a demand by the Administrator or Administrator's agent; or
(B) Under a guidance or ruling issued by the Administrator which the holder reasonably believed required or permitted the property to be paid or delivered.
(1) Had a reasonable basis for believing, based on the facts then known, that the property was required or permitted to be paid or delivered to the Administrator under this chapter ; or
(2) Made payment or delivery:
(A) In response to a demand by the Administrator or Administrator's agent; or
(B) Under a guidance or ruling issued by the Administrator which the holder reasonably believed required or permitted the property to be paid or delivered.
Status: in_force · Read it on the official government site
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