{"data":{"id":"us-dc/d.c.-code-29-1206.01","jurisdiction":"us-dc","citation":"D.C. Code § 29-1206.01","heading":"Beneficial interest.","body":"(a)\nA beneficial interest in a statutory trust is personal property.\n\n(b)\nA beneficial interest in a statutory trust shall not be an interest in specific property of the statutory trust.\n\n(c)\nA beneficial owner shall not have a preemptive right to subscribe to any additional issue of beneficial interests or any other interest of a statutory trust.","path":["Title 29. Business Organizations. [Enacted title]","Chapter 12. Statutory Trusts.","Subchapter VI. Beneficial Owners."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/29-1206.01","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"5bde687b77ebfbb5f1522cddccbedd5fa59020a249785dfcb8364911c06f1218","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-29-1205.12","next":"us-dc/d.c.-code-29-1206.02"},"notice":"GroundRules: Original legal text. Not legal advice."}