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

D.C. Code § 29-1206.07: Transaction with beneficial owner.

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Where this section sits in the code
  1. Title 29. Business Organizations. [Enacted title]
  2. Chapter 12. Statutory Trusts.
  3. Subchapter VI. Beneficial Owners.

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.

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

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