§ 19–1308.01. Duty to administer trust.

DC Code § 19–1308.01 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

Upon acceptance of a trusteeship, the trustee shall administer the trust in good faith, in accordance with its terms and purposes and the interests of the beneficiaries, and in accordance with this chapter.

(Mar. 10, 2004, D.C. Law 15-104, § 2(b), 51 DCR 208.)

Uniform Law: This section is based upon § 801 of the Uniform Trust Code.