D.C. Code § 29-1207.03

Action on plan of merger by constituent statutory trust

Known as the Uniform Statutory Trust Entity Act

The act spans §§ 29–29 (66 sections).

July 2, 2011, D.C

(a) A plan of merger shall be consented to by all trustees and all beneficial owners of a constituent statutory trust.

(b) After a merger is approved, and at any time before a filing is made under § 29-1207.04, a constituent statutory trust may amend the plan or abandon the planned merger:

(1) As provided in the plan; and

(2) Except as prohibited by the plan, with the same consent as was required to approve the plan.

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.