District of Columbia Statutes
§ 29-1206.01 — Beneficial interest.
District of Columbia § 29-1206.01
JurisdictionDistrict of Columbia
Title 29Business Organizations. [Enacted title]
Ch. 12Statutory Trusts.
Subch. VIBeneficial Owners.
This text of District of Columbia § 29-1206.01 (Beneficial interest.) 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 § 29-1206.01 (2026).
Text
(a)A beneficial interest in a statutory trust is personal property.
(b)A beneficial interest in a statutory trust shall not be an interest in specific property of the statutory trust.
(c)A beneficial owner shall not have a preemptive right to subscribe to any additional issue of beneficial interests or any other interest of a statutory trust.
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Legislative History
July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720; Mar. 5, 2013, D.C. Law 19-210, § 2(l)(7)(B), 59 DCR 13171
Nearby Sections
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Powers.§ 29-1001.06
Governing law.§ 29-1001.07
Requirements of other laws.§ 29-1001.09
Effect of organic rules.§ 29-1001.10
Required information.§ 29-1001.12
Dual capacity.Cite This Page — Counsel Stack
Bluebook (online)
District of Columbia § 29-1206.01, Counsel Stack Legal Research, https://law.counselstack.com/statute/dc/29-1206.01.