General powers of trustee

Checkout our iOS App for a better way to browser and research.

(a) A trustee, without authorization by the court, may exercise:

(1) Powers conferred by the terms of the trust; and

(2) Except as limited by the terms of the trust:

(A) All powers over the trust property which an unmarried competent owner has over individually owned property;

(B) Any other powers appropriate to achieve the proper investment, management, and distribution of the trust property; and

(C) Any other powers conferred by this chapter.

(b) The exercise of a power is subject to the fiduciary duties prescribed by this subchapter.

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

Section References

This section is referenced in § 19-1308.16.

Editor's Notes

Uniform Law: This section is based upon § 815 of the Uniform Trust Code.


Download our app to see the most-to-date content.