D.C. Code § 19-1305.06

Current through codified legislation effective April 10, 2024
Section 19-1305.06 - Overdue distribution

Whether or not a trust contains a spendthrift provision, a creditor or assignee of a beneficiary may reach a mandatory distribution of income or principal, including a distribution upon termination of the trust, if the trustee has not made the distribution to the beneficiary within a reasonable time after the designated distribution date.

D.C. Code § 19-1305.06

Mar. 10, 2004, D.C. Law 15-104, § 2(b), 51 DCR 208.

Uniform Law: This section is based upon § 506 of the Uniform Trust Code.