D.C. Code § 19-1308.01

Current through codified legislation effective September 18, 2024
Section 19-1308.01 - Duty to administer trust

Upon acceptance of a trusteeship, the trustee shall administer the trust in good faith, in accordance with its terms and purposes and the interests of the beneficiaries, and in accordance with this chapter.

D.C. Code § 19-1308.01

Mar. 10, 2004, D.C. Law 15-104, § 2(b), 51 DCR 208.

Uniform Law: This section is based upon § 801 of the Uniform Trust Code.