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District of Columbia · Through 2026-08-20 (D.C. Law 26-175)

D.C. Code § 19-1310.12: Protection of person dealing with trustee.

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Where this section sits in the code
  1. Title 19. Descent, Distribution, and Trusts. [Enacted title]
  2. Chapter 13. Uniform Trust Code.
  3. Subchapter X. Liability of Trustees and Rights of Persons Dealing with Trustee.

(a)

A person other than a beneficiary who in good faith assists a trustee, or who in good faith and for value deals with a trustee, without knowledge that the trustee is exceeding or improperly exercising the trustee’s powers is protected from liability as if the trustee properly exercised the power.

(b)

A person other than a beneficiary who in good faith deals with a trustee is not required to inquire into the extent of the trustee’s powers or the propriety of their exercise.

(c)

A person who in good faith delivers assets to a trustee need not ensure their proper application.

(d)

A person other than a beneficiary who in good faith assists a former trustee, or who in good faith and for value deals with a former trustee, without knowledge that the trusteeship has terminated is protected from liability as if the former trustee were still a trustee.

(e)

Comparable protective provisions of other laws relating to commercial transactions or transfer of securities by fiduciaries prevail over the protection provided by this section.

Collected 2026-08-29T05:44:07Z. Source file · JSON

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