1. (a) This chapter applies to a special deposit under an account agreement that states the intention of the parties to establish a special deposit governed by this chapter, regardless of whether a party to the account agreement or a transaction related to the special deposit, or the special deposit itself, has a reasonable relation to the District.
2. (b) The parties to an account agreement may choose a forum in the District for settling a dispute arising out of the special deposit, regardless of whether a party to the account agreement or a transaction related to the special deposit, or the special deposit itself, has a reasonable relation to the District.

3. (c) This chapter does not affect:

   1. (1) A right or obligation relating to a deposit other than a special deposit under this chapter; or
   2. (2) The voidability of a deposit or transfer that is fraudulent or voidable under other law.

History

Feb. 3, 2026, D.C. Law 26-84, § 2(b)