District of Columbia § 21-1701 Definitions.

District of Columbia Statutes

§ 21-1701 — Definitions.

District of Columbia § 21-1701

Title 21Fiduciary Relations and Persons with Mental Illness. [Enacted title]

Ch. 17General Fiduciary Relations.

Subch. IUniform Fiduciaries Act.

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Bluebook

D.C. Code § 21-1701 (2026).

Text

(a)In this chapter unless the context otherwise requires: “bank” includes a person or association of persons, whether incorporated or not, carrying on the business of banking; “fiduciary” includes a trustee under a trust, express, implied, resulting or constructive, executor, administrator, guardian, conservator, curator, receiver, trustee in bankruptcy, assignee for the benefit of creditors, partner, agent, officer of a corporation, public or private, public officer, or other person acting in a fiduciary capacity for a person, trust, or estate; “person” includes a corporation, partnership, or other association, or two or more persons having a joint or common interest; “principal” includes a person to whom a fiduciary as such owes an obligation.

(b)A thing is done “in good faith” within

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(a) In this chapter unless the context otherwise requires: “bank” includes a person or association of persons, whether incorporated or not, carrying on the business of banking; “fiduciary” includes a trustee under a trust, express, implied, resulting or constructive, executor, administrator, guardian, conservator, curator, receiver, trustee in bankruptcy, assignee for the benefit of creditors, partner, agent, officer of a corporation, public or private, public officer, or other person acting in a fiduciary capacity for a person, trust, or estate; “person” includes a corporation, partnership, or other association, or two or more persons having a joint or common interest; “principal” includes a person to whom a fiduciary as such owes an obligation.

(b) A thing is done “in good faith” within the meaning of this chapter, when it is in fact done honestly, whether negligently or not.