§ 29-1203.07Title 29
Power to hold property; title to trust property.
A statutory trust may hold or take title to property in its own name or in the name of a trustee in the trustee’s capacity as trustee, whether in an active, passive, or custodial capacity.
Annotations
July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720 Uniform Law: This section is based on § 307 of the Uniform Statutory Trust Entity Act.
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.