D.C. Code § 29-1208.01

Current through codified legislation effective October 30, 2024

Section 29-1208.01 - Events causing dissolution

A statutory trust shall be dissolved only by:

(1) An administrative dissolution under §§ 29-106.01 and 29-106.02; or

(2) The filing of articles of dissolution under § 29-1208.02:

(A) As provided in the certificate of trust; or

(B) With the approval of all the beneficial owners.

D.C. Code § 29-1208.01

July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720; Mar. 5, 2013, D.C. Law 19-210, § 2(l)(8)(A), 59 DCR 13171.

Uniform Law: This section is based on § ,801 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.