{"data":{"id":"us-dc/d.c.-code-29-1205.04","jurisdiction":"us-dc","citation":"D.C. Code § 29-1205.04","heading":"Protection of person dealing with trustee.","body":"(a)\nA person that in good faith assists a trustee, or in good faith and for value deals with a trustee, without knowledge that the trustee is exceeding or improperly exercising the trustee’s power, shall be protected from liability as if the trustee properly exercised the power.\n\n(b)\nA person that in good faith deals with a trustee need not inquire into the extent of a trustee’s power or the propriety of the exercise of the power.\n\n(c)\nA person that in good faith delivers property to a trustee need not ensure its proper use.\n\n(d)\nA person that in good faith and without knowledge that the trusteeship has terminated assists a former trustee as if the former trustee were still a trustee, or in good faith and for value deals with a former trustee as if the former trustee were still a trustee shall be protected from liability as if the former trustee were still a trustee.","path":["Title 29. Business Organizations. [Enacted title]","Chapter 12. Statutory Trusts.","Subchapter V. Trustees and Trust Management."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/29-1205.04","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"b38ef747ec09c1c20c55f3065fbdaa384bee3568e2885508a2e1a131a3003ae2","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-29-1205.03","next":"us-dc/d.c.-code-29-1205.05"},"notice":"GroundRules: Original legal text. Not legal advice."}