D.C. Code § 41-160.03

Current through codified emergency legislation effective July 18, 2024
Section 41-160.03 - Rules for conducting examination
(a) The Administrator shall adopt rules governing procedures and standards for an examination under section 7059, including rules for use of an estimation, extrapolation, and statistical sampling in conducting an examination.
(b) An examination under section 7059 shall be performed under rules adopted under subsection (a) of this section and with generally accepted examination practices and standards applicable to an unclaimed-property examination.
(c) If a person subject to examination under section 7059 has filed the reports required under sections 7024 and 7058 and has retained the records required by section 7027, the following rules apply:
(1) The examination shall include a review of the person's records.
(2) The examination may not be based on an estimate unless the person expressly consents in a record to the use of an estimate.
(3) The person conducting the examination shall consider the evidence presented in good faith by the person in preparing the findings of the examination under section 7064.

D.C. Code § 41-160.03

Added by D.C. Law 24-45,§ VII-A-7060, 68 DCR 010163, eff. 11/13/2021.