A trustee shall have the right to receive from a statutory trust or another trustee information relating to the affairs of the trust which is reasonably related to the trustee’s discharge of the trustee’s duties as trustee. The trustee may enforce this right by summary proceeding in the Superior Court.
(July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.)
This section is referenced in § 29-1201.04 and § 29-1206.14.
Uniform Law: This section is based on § 508 of the Uniform Statutory Trust Entity Act.
Structure District of Columbia Code
Title 29 - Business Organizations. [Enacted title]
Subchapter V - Trustees and Trust Management
§ 29–1205.01. Management of statutory trust
§ 29–1205.03. Action by trustees
§ 29–1205.04. Protection of person dealing with trustee
§ 29–1205.05. Standards of conduct for trustees
§ 29–1205.06. Reasonable reliance
§ 29–1205.07. Interested transactions
§ 29–1205.08. Trustee’s right to information
§ 29–1205.09. Reimbursement, indemnification, advancement, and exoneration
§ 29–1205.10. Direction of trustees
§ 29–1205.11. Delegation by trustee
§ 29–1205.12. Independent trustee in registered investment company