District of Columbia Code
Subchapter V - Trustees and Trust Management
§ 29–1205.02. Trustee powers

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.
(July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720; Mar. 5, 2013, D.C. Law 19-210, § 2(l)(6)(B), 59 DCR 13171.)
The 2013 amendment by D.C. Law 19-210 substituted “activities” for “business” in (2).
Uniform Law: This section is based on § 502 of the Uniform Statutory Trust Entity Act.
Application of Law 19-210: Section 7 of D.C. Law 19-210 provided that the act shall apply as of January 1, 2012.

Structure District of Columbia Code