Section 41-165.03 - Transitional provision(a) An initial report filed under this subtitle for property that was not required to be reported before the effective date of this subtitle, but that is required to be reported under this subtitle, must include all items of property that would have been presumed abandoned during the 10-year period preceding the effective date of this subtitle as if this subtitle had been in effect during that period.(b) This subtitle does not relieve a holder of a duty that arose before the effective date of this subtitle to report, pay, or deliver property. Subject to section 7042(b) and (c), a holder that did not comply with the law governing unclaimed property before the effective date of this subtitle is subject to applicable provisions for enforcement and penalties in effect before the effective date of this subtitle.Added by D.C. Law 24-45,§ VII-A-7092, 68 DCR 010163, eff. 11/13/2021.