District of Columbia § 19-1903 Scope.

District of Columbia Statutes

§ 19-1903 — Scope.

District of Columbia·Title 19 Descent, Distribution, and Trusts. [Enacted title]·Ch. 19 Uniform Trust Decanting Code.

(a)Except as otherwise provided in subsections (b) and (c) of this section, this chapter applies to an express trust that is irrevocable or revocable by the settlor only with the consent of the trustee or a person holding an adverse interest.

(b)this chapter does not apply to a trust held solely for charitable purposes.

(c)Subject to § 19-1915 , a trust instrument may restrict or prohibit exercise of the decanting power.

(d)this chapter does not limit the power of a trustee, powerholder, or other person to distribute or appoint property in further trust or to modify a trust under the trust instrument, law of the District other than this chapter, common law, a court order, or a nonjudicial settlement agreement.

(e)This chapter does not affect the ability of a settlor to provide in

Free access — add to your briefcase to read the full text and ask questions with AI

(a) Except as otherwise provided in subsections (b) and (c) of this section, this chapter applies to an express trust that is irrevocable or revocable by the settlor only with the consent of the trustee or a person holding an adverse interest.

(b) this chapter does not apply to a trust held solely for charitable purposes.

(c) Subject to § 19-1915 , a trust instrument may restrict or prohibit exercise of the decanting power.

(d) this chapter does not limit the power of a trustee, powerholder, or other person to distribute or appoint property in further trust or to modify a trust under the trust instrument, law of the District other than this chapter, common law, a court order, or a nonjudicial settlement agreement.

(e) This chapter does not affect the ability of a settlor to provide in a trust instrument for the distribution of the trust property or appointment in further trust of the trust property or for modification of the trust instrument.

District of Columbia § 19-1903 (Scope.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.