District of Columbia Statutes

§ 29-1206.07 — Transaction with beneficial owner.

District of Columbia § 29-1206.07
JurisdictionDistrict of Columbia
Title 29Business Organizations. [Enacted title]
Ch. 12Statutory Trusts.
Subch. VIBeneficial Owners.

This text of District of Columbia § 29-1206.07 (Transaction with beneficial owner.) 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 § 29-1206.07 (2026).

Text

Subject to § 29-1205.07 , a beneficial owner or related party of a beneficial owner may lend money to, borrow money from, act as a surety, guarantor, or endorser for, guarantee or assume an obligation of, provide collateral for, or do other business with the statutory trust and, subject to law other than this chapter, shall have the same rights and obligations with respect to a matter as a person that is not a beneficial owner.

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Legislative History

July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720

Nearby Sections

15
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Bluebook (online)
District of Columbia § 29-1206.07, Counsel Stack Legal Research, https://law.counselstack.com/statute/dc/29-1206.07.