{"data":{"id":"us-dc/d.c.-code-29-1205.06","jurisdiction":"us-dc","citation":"D.C. Code § 29-1205.06","heading":"Reasonable reliance.","body":"A trustee, officer, employee, manager, or committee of a statutory trust, or other person designated pursuant to § 29-1201.03(e)(8) or (9) is not liable to the trust or to a beneficial owner for breach of any duty, including a fiduciary duty, to the extent the breach results from reasonable reliance on:\n\n(1)\nA term of the governing instrument;\n\n(2)\nA record of the statutory trust; or\n\n(3)\nAn opinion, report, or statement of another person that the trustee reasonably believes is within the other person’s professional or expert competence and is made or delivered to the trustee, officer, employee, manager, or committee of a statutory trust or other person designated pursuant to § 29-1201.03(e)(8) or (9).","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/29-1205.06","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"1669fc84cf6199ed87df7b3d954d48d7f448d3733c6cd740d91bdf78d35f1bde","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-29-1205.05","next":"us-dc/d.c.-code-29-1205.07"},"notice":"GroundRules: Original legal text. Not legal advice."}