D.C. Code § 29-1205.01

Current through codified legislation effective October 30, 2024
Section 29-1205.01 - Management of statutory trust

The activities and affairs of a statutory trust shall be managed by or under the authority of its trustees.

D.C. Code § 29-1205.01

July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720; Mar. 5, 2013, D.C. Law 19-210, § 2(l)(6)(A), 59 DCR 13171.

Uniform Law: This section is based on § ,501 of the Uniform Statutory Trust Entity Act.

Application of Law 19-210: Section 7 of D.C. Law 19-210 provided that the act shall apply as of January 1, 2012.