Home/DC Code/§ 19-1305.06
§ 19-1305.06Title 19

Overdue distribution.

Whether or not a trust contains a spendthrift provision, a creditor or assignee of a beneficiary may reach a mandatory distribution of income or principal, including a distribution upon termination of the trust, if the trustee has not made the distribution to the beneficiary within a reasonable time after the designated distribution date.

Annotations

Mar. 10, 2004, D.C. Law 15-104, § 2(b), 51 DCR 208
Uniform Law: This section is based upon § 506 of the Uniform Trust Code.
Source XML

Sourced from the DC Council Open Law Library (public domain).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.