A statutory trust may hold or take title to property in its own name or in the name of a trustee in the trustee’s capacity as trustee, whether in an active, passive, or custodial capacity.
D.C. Code § 29-1203.07
Power to hold property; title to trust property
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.