District of Columbia § 29-1207.03 Action on plan of merger by constituent statutory trust.

District of Columbia Statutes

§ 29-1207.03 — Action on plan of merger by constituent statutory trust.

District of Columbia § 29-1207.03

Title 29Business Organizations. [Enacted title]

Ch. 12Statutory Trusts.

Subch. VIIMerger.

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Bluebook

D.C. Code § 29-1207.03 (2026).

Text

(a)A plan of merger shall be consented to by all trustees and all beneficial owners of a constituent statutory trust.

(b)After a merger is approved, and at any time before a filing is made under § 29-1207.04 , a constituent statutory trust may amend the plan or abandon the planned merger:

(1)As provided in the plan; and

(2)Except as prohibited by the plan, with the same consent as was required to approve the plan.

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(a) A plan of merger shall be consented to by all trustees and all beneficial owners of a constituent statutory trust.

(b) After a merger is approved, and at any time before a filing is made under § 29-1207.04 , a constituent statutory trust may amend the plan or abandon the planned merger:

(1) As provided in the plan; and

(2) Except as prohibited by the plan, with the same consent as was required to approve the plan.