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D.C. Municipal Regulations (Last Updated: September 13, 2017) |
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Title 9. TAXATION AND ASSESSMENTS |
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Chapter 9-30. DISPOSITION OF UNCLAIMED PROPERTY |
Section 9-3007. SAFE DEPOSIT REPOSITORY
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3007.1The District shall be liable for unpaid rental charges until the point at which the boxes are drilled open. If drilling is pursuant to the Act, the District shall be liable for storage charges from the point of drilling until the property is delivered to the District.
3007.2The District shall be liable for the cost of drilling undertaken only in compliance with the provisions of § 120 of the Act. Reimbursement shall not be allowed for drilling due to nonpayment of rent or expiration of rental period.
3007.3The repository shall request the presence of a representative of the Deputy Chief Financial Officer to be present at the drilling.
3007.4In the presence of a repository representative or a representative of the Deputy Chief Financial Officer the contents of the safe deposit repository shall be inventoried, and an estimated value assigned to the contents.
3007.5The contents of the opened box shall then be placed in a sealed package, and a statement signed by both representatives attesting to the contents and value shall be attached. The sealed package shall be placed in one of the repository's general safe deposit boxes.