D.C. Code § 29-1206.05

Current through codified legislation effective October 30, 2024

Section 29-1206.05 - Redemption of beneficial interest

A statutory trust may acquire, by purchase, redemption, or otherwise, any beneficial interest in the trust or series thereof. A beneficial interest acquired under this section shall be canceled.

D.C. Code § 29-1206.05

July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.

Uniform Law: This section is based on § ,605 of the Uniform Statutory Trust Entity Act.