{"data":{"id":"us-dc/d.c.-code-19-1308.16","jurisdiction":"us-dc","citation":"D.C. Code § 19-1308.16","heading":"Specific powers of trustee.","body":"Without limiting the authority conferred by section 19-1308.15  , a trustee may:\n\n(1)\nCollect trust property and accept or reject additions to the trust property from a settlor or any other person;\n\n(2)\nAcquire or sell property, for cash or on credit, at public or private sale;\n\n(3)\nExchange, partition, or otherwise change the character of trust property;\n\n(4)\nDeposit trust money in an account in a regulated financial-service institution;\n\n(5)\nBorrow money, with or without security, and mortgage or pledge trust property for a period within or extending beyond the duration of the trust;\n\n(6)\nWith respect to an interest in a proprietorship, partnership, limited liability company, business trust, corporation, or other form of business or enterprise, continue the business or other enterprise and take any action that may be taken by shareholders, members, or property owners, including merging, dissolving, or otherwise changing the form of business organization or contributing additional capital;\n\n(7)\nWith respect to stocks or other securities, exercise the rights of an absolute owner, including the right to:\n(A)\nVote, or give proxies to vote, with or without power of substitution, or enter into or continue a voting trust agreement;\n(B)\nHold a security in the name of a nominee or in other form without disclosure of the trust so that title may pass by delivery;\n(C)\nPay calls, assessments, and other sums chargeable or accruing against the securities, and sell or exercise stock subscription or conversion rights;\n(D)\nExercise stock options and other rights; and\n(E)\nDeposit the securities with a depositary or other regulated financial-service institution;\n\n(8)\nWith respect to an interest in real property, construct, or make ordinary or extraordinary repairs to, alterations to, or improvements in, buildings or other structures, demolish improvements, raze existing or erect new party walls or buildings, subdivide or develop land, dedicate land to public use or grant public or private easements, and make or Vacate plats and adjust boundaries;\n\n(9)\nEnter into a lease for any purpose as lessor or lessee, including a lease or other arrangement for exploration and removal of natural resources, with or without the option to purchase or renew, for a period within or extending beyond the duration of the trust;\n\n(10)\nGrant an option involving a sale, lease, or other disposition of trust property or acquire an option for the acquisition of property, including an option exercisable beyond the duration of the trust, and exercise an option so acquired;\n\n(11)\nInsure the property of the trust against damage or loss and insure the trustee, the trustee’s agents, and beneficiaries against liability arising from the administration of the trust;\n\n(12)\nAbandon or decline to administer property of no value or of insufficient value to justify its collection or continued administration;\n\n(13)\nWith respect to possible liability for violation of environmental law.\n(A)\nInspect or investigate property the trustee holds or has been asked to hold, or property owned or operated by an organization in which the trustee holds or has been asked to hold an interest, for the purpose of determining the application of environmental law with respect to the property;\n(B)\nTake action to prevent, abate, or otherwise remedy any actual or potential violation of any environmental law affecting property held directly or indirectly by the trustee, whether taken before or after the assertion of a claim or the initiation of governmental enforcement;\n(C)\nDecline to accept property into trust or disclaim any power with respect to property that is or may be burdened with liability for violation of environmental law;\n(D)\nCompromise claims against the trust which may be asserted for an alleged violation of environmental law; and\n(E)\nPay the expense of any inspection, review, abatement, or remedial action to comply with environmental law;\n\n(14)\nPay or contest any claim, settle a claim by or against the trust, and release, in whole or in part, a claim belonging to the trust;\n\n(15)\nPay taxes, assessments, compensation of the trustee and of employees and agents of the trust, and other expenses incurred in the administration of the trust;\n\n(16)\nExercise elections with respect to federal, state, and local taxes;\n\n(17)\nSelect a mode of payment under any employee benefit or retirement plan, annuity, or life insurance payable to the trustee, exercise rights thereunder, including exercise of the right to indemnification for expenses and against liabilities, and take appropriate action to collect the proceeds;\n\n(18)\nMake loans out of trust property, including loans to a beneficiary on terms and conditions the trustee considers to be fair and reasonable under the circumstances, and the trustee has a lien on future distributions for repayment of those loans;\n\n(19)\nPledge trust property to guarantee loans made by others to the beneficiary;\n\n(20)\nAppoint a trustee to act in another jurisdiction with respect to trust property located in the other jurisdiction, confer upon the appointed trustee all of the powers and duties of the appointing trustee, require that the appointed trustee furnish security, and remove any trustee so appointed;\n\n(21)\nPay an amount distributable to a beneficiary who is under a legal disability or who the trustee reasonably believes is incapacitated, by paying it directly to the beneficiary or applying it for the beneficiary’s benefit, or by:\n(A)\nPaying it to the beneficiary’s conservator or, if the beneficiary does not have a conservator, to an agent of the beneficiary authorized to receive payment, or if there is no such agent, to the beneficiary’s guardian;\n(B)\nPaying it to the beneficiary’s custodian under Chapter 3 of Title 21 or under the uniform gifts to minors act or uniform transfers to minors act of another state or custodial trustee under Chapter 13 of Title 19, or under the uniform custodial trusts act of another state;\n(C)\nIf the trustee does not know of a conservator, agent authorized to receive payment, guardian, custodian, or custodial trustee, paying it to an adult relative or other person having legal or physical care or custody of the beneficiary, to be expended on the beneficiary’s behalf; or\n(D)\nManaging it as a separate fund on the beneficiary’s behalf, subject to the beneficiary’s continuing right to withdraw the distribution;\n\n(22)\nOn distribution of trust property or the division or termination of a trust, make distributions in divided or undivided interests, allocate particular assets in proportionate or disproportionate shares, value the trust property for those purposes, and adjust for resulting differences in valuation;\n\n(23)\nResolve a dispute concerning the interpretation of the trust or its administration by mediation, arbitration, or other procedure for alternative dispute resolution;\n\n(24)\nProsecute or defend an action, claim, or judicial proceeding in any jurisdiction to protect trust property and the trustee in the performance of the trustee’s duties;\n\n(25)\nSign and deliver contracts and other instruments that are useful to achieve or facilitate the exercise of the trustee’s powers;\n\n(26)\nOn termination of the trust, exercise the powers appropriate to wind up the administration of the trust and distribute the trust property to the persons entitled to it; and\n\n(27)\nPurchase and pay premiums on life insurance on the life of any beneficiary.","path":["Title 19. Descent, Distribution, and Trusts. [Enacted title]","Chapter 13. Uniform Trust Code.","Subchapter VIII. Duties and Powers of Trustee."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/19-1308.16","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"caa4c36f7bca304728b8664de38ccf2853ad33e11f02bb38359fe94a840527a4","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-19-1308.15","next":"us-dc/d.c.-code-19-1308.17"},"notice":"GroundRules: Original legal text. Not legal advice."}