Section 41-156.01 - Definition of good faithIn this part, payment or delivery of property is made in good faith if a holder:
(1) Had a reasonable basis for believing, based on the facts then known, that the property was required or permitted to be paid or delivered to the Administrator under this subtitle; or(2) Made payment or delivery: (A) In response to a demand by the Administrator or Administrator's agent; or(B) Under a guidance or ruling issued by the Administrator which the holder reasonably believed required or permitted the property to be paid or delivered.Added by D.C. Law 24-45,§ VII-A-7033, 68 DCR 010163, eff. 11/13/2021.