D.C. Code § 41-156.07
This is the official text of D.C. Code § 41-156.07, 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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§ 41-156.07. Crediting income or gain to owner's account.
Official statutory text
(a) If property other than money is delivered to the Administrator, the owner is entitled to receive from the Administrator income or gain realized or accrued on the property before the property is sold. If the property is an interest-bearing demand, savings, or time deposit that continues to earn interest after delivery to the Administrator, the owner is entitled to that interest before the property is sold. Interest begins to accrue when the property is delivered to the Administrator and ends on the earlier of the expiration of 10 years after its delivery or the date on which payment is made to the owner.
(b) Interest on interest-bearing property is not payable under this section for any period before November 13,2021, unless authorized by § 41-121 [repealed].
(b) Interest on interest-bearing property is not payable under this section for any period before November 13,2021, unless authorized by § 41-121 [repealed].
Status: in_force · Read it on the official government site
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