D.C. Code § 29-1206.09: Direct action by beneficial owner.
Where this section sits in the code
- Title 29. Business Organizations. [Enacted title]
- Chapter 12. Statutory Trusts.
- Subchapter VI. Beneficial Owners.
A beneficial owner may maintain a direct action against a statutory trust to redress an injury sustained by, or to enforce a duty owed to, the beneficial owner only if the owner can plead and prove an actual or threatened injury that is not solely the result of an injury suffered or threatened to be suffered by the statutory trust.
Collected 2026-08-29T05:44:07Z. Source file · JSON