District of Columbia Code
Subchapter I - General
§ 26–1330. Fiduciary not liable as stockholder; liability of estate and funds

No person holding stock in such company as personal representative, guardian, or trustee shall be personally subject to any liability as stockholder of such company, but the estate and funds in the hands of such personal representative, guardian, or trustee shall be liable in like manner and to the same extent as the testator or intestate or the ward or the person interested in such trust fund would have been if he had been living and competent to act and hold the stock in his own name.
(Mar. 3, 1901, 31 Stat. 1308, ch. 854, § 742; June 24, 1980, D.C. Law 3-72,§ 207(f), 27 DCR 2155.)
1981 Ed., § 26-430.
1973 Ed., § 26-330.

Structure District of Columbia Code

District of Columbia Code

Title 26 - Banks and Other Financial Institutions

Chapter 13 - Trust, Loan, Mortgage, Safe Deposit and Title Corporations

Subchapter I - General

§ 26–1301. Manner of formation; purposes

§ 26–1304. Organization certificate; execution; contents

§ 26–1305. Charter of incorporation — Power of Council to grant or refuse

§ 26–1306. Charter of incorporation — Notice of application

§ 26–1307. Charter of incorporation — Recording; certificate to be obtained from Superintendent of Banking and Financial Institutions [Commissioner of the Department of Insurance, Securities, and Banking]

§ 26–1308. Reports to Superintendent of Banking and Financial Institutions [Commissioner of the Department of Insurance, Securities, and Banking]

§ 26–1309. Powers of companies; liability as trustee

§ 26–1310. Appointment as fiduciary

§ 26–1311. Oath as fiduciary

§ 26–1311.01. Automatic substitution of fiduciaries

§ 26–1312. Stock, property, and liability to be security when fiduciary

§ 26–1313. Existing companies; certificate of intention to comply with provisions

§ 26–1314. Real property held and conveyed by companies

§ 26–1315. Duration of charter

§ 26–1316. Capital stock — Amount; payment; deposit with Superintendent of Banking and Financial Institutions [Commissioner of the Department of Insurance, Securities, and Banking]

§ 26–1317. Capital stock — Calls; sale on failure to pay money subscribed

§ 26–1318. Annual reports — Publication; contents; verification

§ 26–1319. Annual reports — Liability of directors or trustees

§ 26–1320. Wilful false swearing; misappropriation

§ 26–1321. Stock deemed personal estate; transfer; contents of certificates

§ 26–1322. Liability of stockholders

§ 26–1323. Payment of stock to be in money only; exception

§ 26–1324. Election of, and management of company by, directors or trustees

§ 26–1325. Officers; security authorized

§ 26–1326. Power to make bylaws; purposes thereof

§ 26–1327. Liability of directors or trustees on declaration of dividends — Conditions

§ 26–1328. Liability of directors or trustees on declaration of dividends — Exemption

§ 26–1329. Directors or trustees personally liable when liabilities exceed assets

§ 26–1330. Fiduciary not liable as stockholder; liability of estate and funds

§ 26–1331. Increase or decrease of capital stock

§ 26–1332. Copy of certificate as evidence

§ 26–1333. Security required for performance of fiduciary duties; liability thereon

§ 26–1334. Powers of probate court

§ 26–1335. Compliance required of foreign corporations or companies

§ 26–1336. Right of Congress to amend or repeal chapter; remedies preserved