District of Columbia § 19-1307.02 Trustee’s bond.

District of Columbia Statutes

§ 19-1307.02 — Trustee’s bond.

District of Columbia § 19-1307.02

Title 19Descent, Distribution, and Trusts. [Enacted title]

Ch. 13Uniform Trust Code.

Subch. VIIOffice of Trustee.

This text of District of Columbia § 19-1307.02 (Trustee’s bond.) is published on Counsel Stack Legal Research, covering District of Columbia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

D.C. Code § 19-1307.02 (2026).

Text

(a)A trustee shall give bond to secure performance of the trustee’s duties only if the court finds that a bond is needed to protect the interests of the beneficiaries or is required by the terms of the trust and the court has not dispensed with the requirement.

(b)The court may specify the amount of a bond, its liabilities, and whether sureties are necessary. The court may modify or terminate a bond at any time.

(c)A regulated financial-service institution qualified to do trust business in the District of Columbia need not give bond, even if required by the terms of the trust.

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(a) A trustee shall give bond to secure performance of the trustee’s duties only if the court finds that a bond is needed to protect the interests of the beneficiaries or is required by the terms of the trust and the court has not dispensed with the requirement.

(b) The court may specify the amount of a bond, its liabilities, and whether sureties are necessary. The court may modify or terminate a bond at any time.

(c) A regulated financial-service institution qualified to do trust business in the District of Columbia need not give bond, even if required by the terms of the trust.