D.C. Code § 41-156.01

§ 41-156.01. Definition of good faith.

Year: 2026Length: 94 wordsOfficial source
(a) In this subchapter , payment or delivery of property is made in good faith if a holder: (1) Had a reasonable basis for believing, based on the facts then known, that the property was required or permitted to be paid or delivered to the Administrator under this chapter ; or (2) Made payment or delivery: (A) In response to a demand by the Administrator or Administrator's agent; or (B) Under a guidance or ruling issued by the Administrator which the holder reasonably believed required or permitted the property to be paid or delivered.
D.C. Code § 41-156.01: § 41-156.01. Definition of good faith. | Justis AI