District of Columbia § 41-152.06 When stored-value card presumed abandoned.

District of Columbia Statutes

§ 41-152.06 — When stored-value card presumed abandoned.

District of Columbia § 41-152.06

Title 41Personal Property.

Ch. 1ARevised Uniform Unclaimed Property Act.

Subch. IIPresumption of Abandonment.

This text of District of Columbia § 41-152.06 (When stored-value card presumed abandoned.) is published on Counsel Stack Legal Research, covering District of Columbia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

D.C. Code § 41-152.06 (2026).

Text

(a)Subject to § 41-152.10 , the net card value of a stored-value card, other than a payroll card or a gift card, is presumed abandoned on the latest of 3 years after:

(1)December 31 of the year in which the card is issued or additional funds are deposited into it;

(2)The most recent indication of interest in the card by the apparent owner; or

(3)A verification or review of the balance by or on behalf of the apparent owner.

(b)The amount presumed abandoned in a stored-value card is the net card value at the time it is presumed abandoned.

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(a) Subject to § 41-152.10 , the net card value of a stored-value card, other than a payroll card or a gift card, is presumed abandoned on the latest of 3 years after:

(1) December 31 of the year in which the card is issued or additional funds are deposited into it;

(2) The most recent indication of interest in the card by the apparent owner; or

(3) A verification or review of the balance by or on behalf of the apparent owner.

(b) The amount presumed abandoned in a stored-value card is the net card value at the time it is presumed abandoned.