(a) A certificate of trust may be amended or restated at any time.
(b) To amend its certificate of trust, a statutory trust shall deliver to the Mayor for filing an amendment stating the:
(1) Name of the trust;
(2) Date of filing of its initial certificate; and
(3) Changes to the certificate as most recently amended or restated.
(c) To restate its certificate of trust, a statutory trust must deliver to the Mayor for filing a restatement designated as such in its heading.
(d) A trustee that knows or has reason to know that information in a filed certificate of trust was inaccurate when the certificate was filed or has become inaccurate due to changed circumstances shall promptly:
(1) Cause the certificate to be amended; or
(2) If appropriate, deliver to the Mayor for filing a statement of change under § 29-104.07 or a statement of correction under § 29-102.05.
(July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720; Mar. 5, 2013, D.C. Law 19-210, § 2(l)(3)(B), 59 DCR 13171.)
Section ReferencesThis section is referenced in § 29-1202.05 and § 29-1209.01.
Effect of AmendmentsThe 2013 amendment by D.C. Law 19-210 rewrote the section.
Editor's NotesUniform Law: This section is based on § 202 of the Uniform Statutory Trust Entity Act.
Application of Law 19-210: Section 7 of D.C. Law 19-210 provided that the act shall apply as of January 1, 2012.