D.C. Code § 41-152.06

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

Year: 2026Length: 104 wordsOfficial source
(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.
D.C. Code § 41-152.06: § 41-152.06. When stored-value card presumed abandoned. | Justis AI