420
Notice requirements.
Deposit in U.S. Treasury.
Exemptions from notice requirements.
Refunds to depositors.
'Commission-
PUBLIC LAW 88-211-DEC. 18, 1963
[77
STAT.
statute or otherwise, and no communication, in writing or otherwise as indicated by a written memorandum, has been received by the government of the District of Columbia concerning such money from the person entitled thereto, for a period of not less than ten years, the Commissioners shall send notice by registered or certified mail to the last known address of the person for whom such money is being held. Such mailed notice shall contain a statement that money is being held for such person and if no written claim for the return thereof is submitted to the Commissioners within sixty days of the date such notice is mailed, any future claim therefor will, suDJect to the provisions of section 2 of this Act, be forever barred. SEC. 2. (a) Not less than sixty days after the mailing of any notice pursuant to the first section of this Act the Commissioners shall publish notice once each week for two successive weeks in a newspaper of general circulation in the District of Columbia. Such published notice shall be entitled "Notice of Names of Persons Appearing to be Owners of Unclaimed Money Held by the District of Columbia" and shall contain: (1) The names and the last known addresses, if any, of the persons for whom moneys are being held (listed in alphabetical order of their surnames). (2) A statement setting forth the substance of subsection (b) of this section. (b) If no written claim for the return of any such money is submitted to the Commissioners by the date specified in the published notices, which date shall be not less than ninety days from the date of publication of the second notice, such money shall be deposited in the Treasury of the United States to the credit of the District of Columbia and all claims for such money shall be forever barred. SEC. 3. I n any case where any money held in trust by the government of the District of Columbia for the period of time and under the same circumstances as specified in the first section of this Act is in an amount less than the cost, as estimated by the Commissioners, of giving notice as required by the first two sections of this Act, such money may be deposited in the Treasury of the United States to the credit of the District of Columbia without the necessity of complying with the notice requirements of sections 1 and 2 hereof, and after such deposit all claims for such money shall be forever barred. SEC. 4. Upon the return of any money deposited with the government of the District of Columbia to the person making such deposit after notice has been given such person pursuant to this Act, the Commissioners are authorized to deduct from such returned money the costs of mailing and publishing notices required by this Act, and shall deposit the amount so deducted in the Treasury of the United States to the credit of the District of Columbia. SEC. 5. As used in this Act, the word "Commissioners" means the Board of Commissioners of the District of Columbia or their designated agent. Approved December 18, 1963.
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