Trustee powers
Known as the Uniform Statutory Trust Entity Act
The act spans §§ 29–29 (66 sections).
July 2, 2011, D.C
A trustee may exercise:
(1) Powers conferred by the governing instrument;
(2) Except as limited by the governing instrument, any other powers necessary or convenient to carry out the activities and affairs of the statutory trust; and
(3) Other powers conferred by this chapter.
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.