§ 29-1202.01. Certificate of trust.

Current through October 23, 2012

(a) To form a statutory trust, a person shall deliver a certificate of trust to the Mayor for filing.

(b) A certificate of trust shall state:

(1) The name of the statutory trust, which must comply with §§ 29-103.01 and 29-103.02(i);

(2) The street and mailing address of the principal office of the trust;

(3) The name and street and mailing address of the initial registered agent of the trust; and

(4) If the trust may have one or more series, a statement to that effect.

(d) Subject to § 29-102.03, a statutory trust shall be formed when a certificate of trust that complies with subsection (b) of this section is filed by the Mayor.

(e) A filed certificate of trust, a filed statement of cancellation or change, or filed articles of conversion or merger shall prevail over inconsistent terms of a trust instrument.

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

HISTORICAL AND STATUTORY NOTES

Legislative History of Laws

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

Uniform Law

This section is based on § 201 of the Uniform Statutory Trust Entity Act . See Vol. 6B , Uniform Laws Annotated, Master Edition or ULA Database on Westlaw.

§ 29-1202.02. Amendment or restatement of certificate of trust; statement of correction.

Current through October 23, 2012 Back to Top

(a) To amend its certificate of trust, a statutory trust shall deliver to the Mayor for filing an amendment, articles of conversion, or articles of merger stating the:

(1) Name of the trust;

(2) Date of filing of its initial certificate; and

(3) Changes to the certificate.

(b) A trustee that knows or has reason to know that any information in a filed certificate of trust was incorrect when the certificate was filed or has become incorrect shall promptly:

(1) Cause the certificate to be amended; or

(2) Deliver to the Mayor for filing a statement of correction.

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

HISTORICAL AND STATUTORY NOTES

Legislative History of Laws

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

Uniform Law

This section is based on § 202 of the Uniform Statutory Trust Entity Act . See Vol. 6B , Uniform Laws Annotated, Master Edition or ULA Database on Westlaw.

§ 29-1202.03. Signing of records.

Current through October 23, 2012 Back to Top

(a) A record delivered by the statutory trust to the Mayor for filing pursuant to this chapter shall be signed by at least one of the trustees.

(b) Any person may sign by an attorney in fact any record filed pursuant to this chapter.

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

HISTORICAL AND STATUTORY NOTES

Legislative History of Laws

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

Uniform Law

This section is based on § 203 of the Uniform Statutory Trust Entity Act . See Vol. 6B , Uniform Laws Annotated, Master Edition or ULA Database on Westlaw.