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

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DC Code › Title 41 › Chapter 1A › § 41-152.06

This text was captured on Aug 14, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

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.

This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.

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