District of Columbia Statutes

§ 16-514 — Credits or property held for two or more persons or in representative capacity.

District of Columbia·Title 16 Particular Actions, Proceedings and Matters. [Enacted title]·Ch. 5 Attachment and Garnishment.·Subch. I Attachment and Garnishment Generally.
When a writ of attachment is served on a garnishee, and the garnishee holds a credit or property for two or more persons, including the person whose credit or property is sought to be attached, or holds a credit or property for a person as agent or trustee or in any other representative capacity without designation of the principal or beneficiary, the credit or property is not subject to withdrawal by any person, but shall be held by the garnishee until the attachment is dismissed or otherwise disposed of by the court. If the credit or property is condemned, payment or delivery thereof as ordered by the court is a complete discharge of the garnishee from all liability to any person in respect of the credit or property. The provisions of this section do not apply to a credit or property of

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Related

In Re Hessler
549 A.2d 700 (District of Columbia Court of Appeals, 1988)
61 case citations
JOHN C. FLOOD OF MD, INC. v. JERRY BRIGHTHAUPT
122 A.3d 937 (District of Columbia Court of Appeals, 2015)
4 case citations

Legislative History

Dec. 23, 1963, 77 Stat. 548, Pub. L. 88-241, § 1

Nearby Sections

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