D.C. Code § 19-1304.04

Current through codified legislation effective April 20, 2024
Section 19-1304.04 - Trust purposes

A trust may be created only to the extent its purposes are lawful, not contrary to public policy, and possible to achieve. A trust and its terms must be for the benefit of its beneficiaries.

D.C. Code § 19-1304.04

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

Uniform Law: This section is based upon § 404 of the Uniform Trust Code.