D.C. Code § 41-157.01
This is the official text of D.C. Code § 41-157.01, 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.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
§ 41-157.01. Public sale of property.
Official statutory text
(a) Subject to § 41-157.02 , not earlier than one year after receipt of property presumed abandoned, the Administrator may sell the property.
(b) Before selling property under subsection (a) of this section, the Administrator shall give notice to the public of:
(1) The date of the sale; and
(2) A reasonable description of the property.
(c) A sale under subsection (a) of this section shall be to the highest bidder:
(1) At public sale at a location in the District which the Administrator determines to be the most favorable market for the property;
(2) On the Internet; or
(3) On another forum the Administrator determines is likely to yield the highest net proceeds of sale.
(d) The Administrator may decline the highest bid at a sale under this section and reoffer the property for sale if the Administrator determines the highest bid is insufficient.
(e) If a sale held under this section is to be conducted other than on the Internet, the Administrator shall publish at least one notice of the sale, at least 3 weeks but not more than 5 weeks before the sale, in a newspaper of general circulation in the District of Columbia.
(b) Before selling property under subsection (a) of this section, the Administrator shall give notice to the public of:
(1) The date of the sale; and
(2) A reasonable description of the property.
(c) A sale under subsection (a) of this section shall be to the highest bidder:
(1) At public sale at a location in the District which the Administrator determines to be the most favorable market for the property;
(2) On the Internet; or
(3) On another forum the Administrator determines is likely to yield the highest net proceeds of sale.
(d) The Administrator may decline the highest bid at a sale under this section and reoffer the property for sale if the Administrator determines the highest bid is insufficient.
(e) If a sale held under this section is to be conducted other than on the Internet, the Administrator shall publish at least one notice of the sale, at least 3 weeks but not more than 5 weeks before the sale, in a newspaper of general circulation in the District of Columbia.
Status: in_force · Read it on the official government site
Need a lawyer in District of Columbia?
Find a District of Columbia lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.