Statutes > District of Columbia Statutes > Division VII - Property (TITLE 40 to TITLE 42) > TITLE 41 - PERSONAL PROPERTY (Chapter 1 and Chapter 2) > Chapter 1 - Disposition of Unclaimed Property (Section 41-101 to Section 41-142) > Section 41-121 - Crediting of dividends, interest, or increments to owner's account

Section 41-121 - Crediting of dividends, interest, or increments to owner's account

Crediting of dividends, interest, or increments to owner's account

Whenever property other than money is paid or delivered to the Mayor under this chapter, any dividends, interest, or other increments realized or accruing, on the property at or before liquidation or conversion thereof into money, shall be credited, upon receipt, to the owner's account by the Mayor.

CREDIT(S)

(Mar. 5, 1981, D.C. Law 3-160, § 121, 27 DCR 5150.)

HISTORICAL AND STATUTORY NOTES

Prior Codifications
1981 Ed., § 42-221.
Legislative History of Laws
For legislative history of D.C. Law 3-160, see Historical and Statutory Notes following § 41-101.
Uniform Law
This section is based upon § 21 of the Uniform Unclaimed Property Act (1981 Act). See 8B Uniform Laws Annotated, Master Edition, or ULA Database on WESTLAW.

Current through September 13, 2012