Effect of payment or delivery of property to Administrator

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(a) On payment or delivery of property to the Administrator under this chapter, the Administrator as agent for the District assumes custody and responsibility for safekeeping the property. A holder that pays or delivers property to the Administrator in good faith and substantially complies with §§ 41-155.01 and 41-155.02 is relieved of liability arising thereafter with respect to payment or delivery of the property to the Administrator.

(b) A holder is not liable for a claim against the holder resulting from the payment or delivery of property to the Administrator made in good faith and after the holder substantially complied with §§ 41-155.01 and 7030.

(Aug. 23, 2021, D.C. Act 24-159, § 7036, 68 DCR 008602.)


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