District of Columbia Statutes

§ 28-2957 — Property interest of depositor or beneficiary.

District of Columbia·Title 28 Commercial Instruments and Transactions. [Enacted title]·Ch. 29A Uniform Special Deposits.
(a)Neither a depositor nor a beneficiary has a property interest in a special deposit.
(b)Any property interest with respect to a special deposit is only in the right to receive payment if the bank is obligated to pay a beneficiary and not in the special deposit itself. Any property interest under this subsection is determined under other law.

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