• Current through October 23, 2012

A statutory trust shall be dissolved only by:

(1) An administrative dissolution under §§ 29-106.01 and 29-106.02; or

(2) The filing of articles of dissolution under § 29-1208.02:

(A) On the occurrence of an event or circumstance that the governing instrument states causes dissolution; or

(B) With the approval of all the beneficial owners.

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


Legislative History of Laws

For history of Law 18-378, see notes under § 29-101.01.

Uniform Law

This section is based on § 801 of the Uniform Statutory Trust Entity Act . See Vol. 6B , Uniform Laws Annotated, Master Edition or ULA Database on Westlaw.