§ 29-1206.05Title 29
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.
Annotations
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.
Sourced from the DC Council Open Law Library (public domain).
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