A statutory trust is an entity separate from its trustees and beneficial owners.
D.C. Code § 29-1203.02
Statutory trust as entity
Known as the Uniform Statutory Trust Entity Act
The act spans §§ 29–29 (66 sections).
July 2, 2011, D.C
Official source: D.C. Law Library (Council of the District of Columbia). Reproduced from public-domain District of Columbia statutes; confirm against the official source for the current text. Not legal advice.