District of Columbia Bill 32: Uniform Special Deposits Act of 2025

District of Columbia · 2025-2026 Regular Session

What it does

As introduced Bill 26-32 would establish clear criteria for special deposits and clarify the treatment of special deposits in the event of the bankruptcy of a depositor. It also clarifies the applicability of the creditor process on a special deposit. It is an “opt-in” statute, which is available to banks and depositors to suit their needs for particular purposes.

Latest action

Law L26-0084, Effective from Feb 03, 2026 Published in DC Register Vol 73 and Page 002674 (2026-02-27)

See how B 32 affects you on CapitolKey

Browse more bills · CapitolKey home