reglab/housing_qa huggingface dataset:
DC Code § 19-1307.03 (2021)
2021 District of Columbia Code|Title 19 - Descent, Distribution, and Trusts. [Enacted title]|Chapter 13 - Uniform Trust Code|Subchapter VII - Office of Trustee|§ 19-1307.03. Cotrustees

(a) Cotrustees who are unable to reach a unanimous decision may act by majority decision. (b) If a vacancy occurs in a cotrusteeship, the remaining cotrustees may act for the trust. (c) A cotrustee must participate in the performance of a trustee’s function unless the cotrustee is unavailable to perform the function because of absence, illness, disqualification under other law, or other temporary incapacity or the cotrustee has properly delegated the performance of the function to another trustee. (d) If a cotrustee is unavailable to perform duties because of absence, illness, disqualification under other law, or other temporary incapacity, and prompt action is necessary to achieve the purposes of the trust or to avoid injury to the trust property, the remaining cotrustee or a majority of the remaining cotrustees may act for the trust. (e) A trustee may delegate to a cotrustee the performance of a function relating to management, investment, or trust administration, but may not delegate a decision to make a distribution. Unless a delegation was irrevocable, a trustee may revoke a delegation previously made. (f) Except as otherwise provided in subsection (g) of this section, a trustee who does not join in an action of another trustee is not liable for the action. (g) Each trustee shall exercise reasonable care to: (1) Prevent a cotrustee from committing a serious breach of trust; and (2) Compel a cotrustee to redress a serious breach of trust. (h) A dissenting trustee who joins in an action at the direction of the majority of the trustees and who notified any cotrustee of the dissent at or before the time of the action is not liable for the action unless the action is a serious breach of trust.  (Mar. 10, 2004, D.C. Law 15-104, § 2(b), 51 DCR 208.)  Editor's Notes Uniform Law: This section is based upon § 703 of the Uniform Trust Code.
DC Code § 19-1307.04 (2021)
2021 District of Columbia Code|Title 19 - Descent, Distribution, and Trusts. [Enacted title]|Chapter 13 - Uniform Trust Code|Subchapter VII - Office of Trustee|§ 19-1307.04. Vacancy in trusteeship; appointment of successor

(a) A vacancy in a trusteeship occurs if: (1) A person designated as trustee rejects the trusteeship; (2) A person designated as trustee cannot be identified or does not exist; (3) A trustee resigns; (4) A trustee is disqualified or removed; (5) A trustee dies; or (6) A guardian or conservator is appointed for an individual serving as trustee. (b) If one or more cotrustees remain in office, a vacancy in a trusteeship need not be filled. A vacancy in a trusteeship must be filled if the trust has no remaining trustee. (c) A vacancy in a trusteeship of a noncharitable trust that is required to be filled must be filled in the following order of priority: (1) By a person designated pursuant to the terms of the trust to act as successor trustee; (2) By a person appointed by unanimous agreement of the qualified beneficiaries; or (3) By a person appointed by the court. (d) A vacancy in a trusteeship of a charitable trust that is required to be filled must be filled in the following order of priority: (1) By a person designated pursuant to the terms of the trust to act as successor trustee; (2) By a person selected by the charitable organizations expressly designated to receive distributions under the terms of the trust if the Corporation Counsel of the District of Columbia concurs in the selection; or (3) By a person appointed by the court. (e) Whether or not a vacancy in a trusteeship exists or is required to be filled, the court may appoint an additional trustee or special fiduciary whenever the court considers the appointment necessary for the administration of the trust.  (Mar. 10, 2004, D.C. Law 15-104, § 2(b), 51 DCR 208.)  Section References This section is referenced in § 19-1301.08. Editor's Notes Uniform Law: This section is based upon § 704 of the Uniform Trust Code.
DC Code § 19-1307.05 (2021)
2021 District of Columbia Code|Title 19 - Descent, Distribution, and Trusts. [Enacted title]|Chapter 13 - Uniform Trust Code|Subchapter VII - Office of Trustee|§ 19-1307.05. Resignation of trustee

(a) A trustee may resign: (1) Upon at least 30 days’ notice to the qualified beneficiaries, the settlor, if living, and all cotrustees or, if there is no cotrustee, to the next designated successor trustee; or (2) With the approval of the court. (b) In approving a resignation, the court may issue orders and impose conditions reasonably necessary for the protection of the trust property. (c) Any liability of a resigning trustee or of any sureties on the trustee’s bond for acts or omissions of the trustee is not discharged or affected by the trustee’s resignation  (Mar. 10, 2004, D.C. Law 15-104, § 2(b), 51 DCR 208.)  Editor's Notes Uniform Law: This section is based upon § 705 of the Uniform Trust Code.
DC Code § 19-1307.06 (2021)
2021 District of Columbia Code|Title 19 - Descent, Distribution, and Trusts. [Enacted title]|Chapter 13 - Uniform Trust Code|Subchapter VII - Office of Trustee|§ 19-1307.06. Removal of trustee

(a) The settlor, a cotrustee, or a beneficiary may request the court to remove a trustee, or a trustee may be removed by the court on its own initiative. (b) The court may remove a trustee if: (1) The trustee has committed a serious breach of trust; (2) Lack of cooperation among cotrustees substantially impairs the administration of the trust; (3) Because of unfitness, unwillingness, or persistent failure of the trustee to administer the trust effectively, the court determines that removal of the trustee best serves the interests of the beneficiaries; or (4) There has been a substantial change of circumstances or removal is requested by all of the qualified beneficiaries, the court finds that removal of the trustee best serves the interests of all of the beneficiaries and is not inconsistent with a material purpose of the trust, and a suitable cotrustee or successor trustee is available. (c) Pending a final decision on a request to remove a trustee, or in lieu of or in addition to removing a trustee, the court may order such appropriate relief under section 19-1310.01(b) as may be necessary to protect the trust property or the interests of the beneficiaries.  (Mar. 10, 2004, D.C. Law 15-104, § 2(b), 51 DCR 208.)  Section References This section is referenced in § 19-1310.01. Editor's Notes Uniform Law: This section is based upon § 706 of the Uniform Trust Code.
DC Code § 19-1307.07 (2021)
2021 District of Columbia Code|Title 19 - Descent, Distribution, and Trusts. [Enacted title]|Chapter 13 - Uniform Trust Code|Subchapter VII - Office of Trustee|§ 19-1307.07. Delivery of property by former trustee

(a) Unless a cotrustee remains in office or the court otherwise orders, and until the trust property is delivered to a successor trustee or other person entitled to it, a trustee who has resigned or been removed has the duties of a trustee and the powers necessary to protect the trust property. (b) A trustee who has resigned or been removed shall proceed expeditiously to deliver the trust property within the trustee’s possession to the cotrustee, successor trustee, or other person entitled to it.  (Mar. 10, 2004, D.C. Law 15-104, § 2(b), 51 DCR 208.)  Editor's Notes Uniform Law: This section is based upon § 707 of the Uniform Trust Code.
DC Code § 19-1307.08 (2021)
2021 District of Columbia Code|Title 19 - Descent, Distribution, and Trusts. [Enacted title]|Chapter 13 - Uniform Trust Code|Subchapter VII - Office of Trustee|§ 19-1307.08. Compensation of trustee

(a) If the terms of a trust do not specify the trustee’s compensation, a trustee is entitled to compensation that is reasonable under the circumstances. (b) If the terms of a trust specify the trustee’s compensation, the trustee is entitled to be compensated as specified, but the court may allow more or less compensation if: (1) The duties of the trustee are substantially different from those contemplated when the trust was created; or (2) The compensation specified by the terms of the trust would be unreasonably low or high.  (Mar. 10, 2004, D.C. Law 15-104, § 2(b), 51 DCR 208.)  Section References This section is referenced in § 19-1301.05. Editor's Notes Uniform Law: This section is based upon § 708 of the Uniform Trust Code.
DC Code § 19-1307.09 (2021)
2021 District of Columbia Code|Title 19 - Descent, Distribution, and Trusts. [Enacted title]|Chapter 13 - Uniform Trust Code|Subchapter VII - Office of Trustee|§ 19-1307.09. Reimbursement of expenses

(a) A trustee is entitled to be reimbursed out of the trust property, with interest as appropriate, for: (1) Expenses that were properly incurred in the administration of the trust; and (2) To the extent necessary to prevent unjust enrichment of the trust, expenses that were not properly incurred in the administration of the trust. (b) An advance by the trustee of money for the protection of the trust gives rise to a lien against trust property to secure reimbursement with reasonable interest.  (Mar. 10, 2004, D.C. Law 15-104, § 2(b), 51 DCR 208.)  Editor's Notes Uniform Law: This section is based upon § 709 of the Uniform Trust Code.
DC Code § 19-1308.01 (2021)
2021 District of Columbia Code|Title 19 - Descent, Distribution, and Trusts. [Enacted title]|Chapter 13 - Uniform Trust Code|Subchapter VIII - Duties and Powers of Trustee|§ 19-1308.01. Duty to administer trust

Upon acceptance of a trusteeship, the trustee shall administer the trust in good faith, in accordance with its terms and purposes and the interests of the beneficiaries, and in accordance with this chapter.  (Mar. 10, 2004, D.C. Law 15-104, § 2(b), 51 DCR 208.)  Editor's Notes Uniform Law: This section is based upon § 801 of the Uniform Trust Code.
DC Code § 19-1308.03 (2021)
2021 District of Columbia Code|Title 19 - Descent, Distribution, and Trusts. [Enacted title]|Chapter 13 - Uniform Trust Code|Subchapter VIII - Duties and Powers of Trustee|§ 19-1308.03. Impartiality

If a trust has 2 or more beneficiaries, the trustee shall act impartially in investing, managing, and distributing the trust property, giving due regard to the beneficiaries’ respective interests.  (Mar. 10, 2004, D.C. Law 15-104, § 2(b), 51 DCR 208.)  Editor's Notes Uniform Law: This section is based upon § 803 of the Uniform Trust Code.
DC Code § 19-1308.04 (2021)
2021 District of Columbia Code|Title 19 - Descent, Distribution, and Trusts. [Enacted title]|Chapter 13 - Uniform Trust Code|Subchapter VIII - Duties and Powers of Trustee|§ 19-1308.04. Prudent administration

A trustee shall administer the trust as a prudent person would, by considering the purposes, terms, distributional requirements, and other circumstances of the trust. In satisfying this standard, the trustee shall exercise reasonable care, skill, and caution.  (Mar. 10, 2004, D.C. Law 15-104, § 2(b), 51 DCR 208.)  Editor's Notes Uniform Law: This section is based upon § 804 of the Uniform Trust Code.
DC Code § 19-1308.05 (2021)
2021 District of Columbia Code|Title 19 - Descent, Distribution, and Trusts. [Enacted title]|Chapter 13 - Uniform Trust Code|Subchapter VIII - Duties and Powers of Trustee|§ 19-1308.05. Costs of administration

In administering a trust, the trustee may incur only costs that are reasonable in relation to the trust property, the purposes of the trust, and the skills of the trustee.  (Mar. 10, 2004, D.C. Law 15-104, § 2(b), 51 DCR 208.)  Editor's Notes Uniform Law: This section is based upon § 805 of the Uniform Trust Code.
DC Code § 19-1308.06 (2021)
2021 District of Columbia Code|Title 19 - Descent, Distribution, and Trusts. [Enacted title]|Chapter 13 - Uniform Trust Code|Subchapter VIII - Duties and Powers of Trustee|§ 19-1308.06. Trustee’s skills

A trustee who has special skills or expertise, or is named trustee in reliance upon the trustee’s representation that the trustee has special skills or expertise, shall use those special skills or expertise.  (Mar. 10, 2004, D.C. Law 15-104, § 2(b), 51 DCR 208.)  Editor's Notes Uniform Law: This section is based upon § 806 of the Uniform Trust Code.
DC Code § 19-1308.07 (2021)
2021 District of Columbia Code|Title 19 - Descent, Distribution, and Trusts. [Enacted title]|Chapter 13 - Uniform Trust Code|Subchapter VIII - Duties and Powers of Trustee|§ 19-1308.07. Delegation by trustee

(a) A trustee may delegate duties and powers that a prudent trustee of comparable skills could properly delegate under the circumstances. The trustee shall exercise reasonable care, skill, and caution in: (1) Selecting an agent; (2) Establishing the scope and terms of the delegation, consistent with the purposes and terms of the trust; and (3) Periodically reviewing the agent’s actions in order to monitor the agent’s performance and compliance with the terms of the delegation. (b) In performing a delegated function, an agent owes a duty to the trust to exercise reasonable care to comply with the terms of the delegation. (c) A trustee who complies with subsection (a) of this section is not liable to the beneficiaries or to the trust for an action of the agent to whom the function was delegated. (d) By accepting a delegation of powers or duties from the trustee of a trust that is subject to the law of the District of Columbia, an agent submits to the jurisdiction of the courts of the District of Columbia.  (Mar. 10, 2004, D.C. Law 15-104, § 2(b), 51 DCR 208.)  Editor's Notes Uniform Law: This section is based upon § 807 of the Uniform Trust Code.
DC Code § 19-1308.08 (2021)
2021 District of Columbia Code|Title 19 - Descent, Distribution, and Trusts. [Enacted title]|Chapter 13 - Uniform Trust Code|Subchapter VIII - Duties and Powers of Trustee|§ 19-1308.08. Powers to direct

(a) While a trust is revocable, the trustee may follow a direction of the settlor that is contrary to the terms of the trust. (b) If the terms of a trust confer upon a person other than the settlor of a revocable trust power to direct certain actions of the trustee, the trustee shall act in accordance with an exercise of the power unless the attempted exercise is manifestly contrary to the terms of the trust or the trustee knows the attempted exercise would constitute a serious breach of a fiduciary duty that the person holding the power owes to the beneficiaries of the trust. (c) The terms of a trust may confer upon a trustee or other person a power to direct the modification or termination of the trust. (d) A person, other than a beneficiary, who holds a power to direct is presumptively a fiduciary who, as such, is required to act in good faith with regard to the purposes of the trust and the interests of the beneficiaries. The holder of a power to direct is liable for any loss that results from breach of a fiduciary duty.  (Mar. 10, 2004, D.C. Law 15-104, § 2(b), 51 DCR 208.)  Editor's Notes Uniform Law: This section is based upon § 808 of the Uniform Trust Code.
DC Code § 19-1308.09 (2021)
2021 District of Columbia Code|Title 19 - Descent, Distribution, and Trusts. [Enacted title]|Chapter 13 - Uniform Trust Code|Subchapter VIII - Duties and Powers of Trustee|§ 19-1308.09. Control and protection of trust property

A trustee shall take reasonable steps to take control of and protect the trust property.  (Mar. 10, 2004, D.C. Law 15-104, § 2(b), 51 DCR 208.)  Editor's Notes Uniform Law: This section is based upon § 809 of the Uniform Trust Code.
DC Code § 19-1308.10 (2021)
2021 District of Columbia Code|Title 19 - Descent, Distribution, and Trusts. [Enacted title]|Chapter 13 - Uniform Trust Code|Subchapter VIII - Duties and Powers of Trustee|§ 19-1308.10. Recordkeeping and identification of trust property

(a) A trustee shall keep adequate records of the administration of the trust. (b) A trustee shall keep trust property separate from the trustee’s own property. (c) Except as otherwise provided in subsection (d) of this section, a trustee shall cause the trust property to be designated so that the interest of the trust, to the extent feasible, appears in records maintained by a party other than a trustee or beneficiary. (d) If the trustee maintains records clearly indicating the respective interests, a trustee may invest as a whole the property of 2 or more separate trusts.  (Mar. 10, 2004, D.C. Law 15-104, § 2(b), 51 DCR 208.)  Editor's Notes Uniform Law: This section is based upon § 810 of the Uniform Trust Code.
DC Code § 19-1308.11 (2021)
2021 District of Columbia Code|Title 19 - Descent, Distribution, and Trusts. [Enacted title]|Chapter 13 - Uniform Trust Code|Subchapter VIII - Duties and Powers of Trustee|§ 19-1308.11. Enforcement and defense of claims

A trustee shall take reasonable steps to enforce claims of the trust and to defend claims against the trust.  (Mar. 10, 2004, D.C. Law 15-104, § 2(b), 51 DCR 208.)  Editor's Notes Uniform Law: This section is based upon § 811 of the Uniform Trust Code.
DC Code § 19-1308.12 (2021)
2021 District of Columbia Code|Title 19 - Descent, Distribution, and Trusts. [Enacted title]|Chapter 13 - Uniform Trust Code|Subchapter VIII - Duties and Powers of Trustee|§ 19-1308.12. Collecting trust property

A trustee shall take reasonable steps to compel a former trustee or other person to deliver trust property to the trustee, and to redress a breach of trust known to the trustee to have been committed by a former trustee.  (Mar. 10, 2004, D.C. Law 15-104, § 2(b), 51 DCR 208.)  Editor's Notes Uniform Law: This section is based upon § 812 of the Uniform Trust Code.
DC Code § 19-1308.14 (2021)
2021 District of Columbia Code|Title 19 - Descent, Distribution, and Trusts. [Enacted title]|Chapter 13 - Uniform Trust Code|Subchapter VIII - Duties and Powers of Trustee|§ 19-1308.14. Discretionary powers; tax savings

(a) Notwithstanding the breadth of discretion granted to a trustee in the terms of the trust, including the use of such terms as “absolute”, “sole”, or “uncontrolled”, the trustee shall exercise a discretionary power in good faith and in accordance with the terms and purposes of the trust and the interests of the beneficiaries. (b) Section 21-1722 applies to a trust governed by this chapter.  (Mar. 10, 2004, D.C. Law 15-104, § 2(b), 51 DCR 208.)  Editor's Notes Uniform Law: This section is based upon § 814 of the Uniform Trust Code.
DC Code § 19-1308.15 (2021)
2021 District of Columbia Code|Title 19 - Descent, Distribution, and Trusts. [Enacted title]|Chapter 13 - Uniform Trust Code|Subchapter VIII - Duties and Powers of Trustee|§ 19-1308.15. General powers of trustee

(a) A trustee, without authorization by the court, may exercise: (1) Powers conferred by the terms of the trust; and (2) Except as limited by the terms of the trust: (A) All powers over the trust property which an unmarried competent owner has over individually owned property; (B) Any other powers appropriate to achieve the proper investment, management, and distribution of the trust property; and (C) Any other powers conferred by this chapter. (b) The exercise of a power is subject to the fiduciary duties prescribed by this subchapter.  (Mar. 10, 2004, D.C. Law 15-104, § 2(b), 51 DCR 208.)  Section References This section is referenced in § 19-1308.16. Editor's Notes Uniform Law: This section is based upon § 815 of the Uniform Trust Code.
DC Code § 19-1308.17 (2021)
2021 District of Columbia Code|Title 19 - Descent, Distribution, and Trusts. [Enacted title]|Chapter 13 - Uniform Trust Code|Subchapter VIII - Duties and Powers of Trustee|§ 19-1308.17. Distribution upon termination

(a) Upon termination or partial termination of a trust, the trustee may send to the beneficiaries a proposal for distribution. The right of any beneficiary to object to the proposed distribution terminates if the beneficiary does not notify the trustee of an objection within 30 days after the proposal was sent but only if the proposal informed the beneficiary of the right to object and of the time allowed for objection. (b) Upon the occurrence of an event terminating or partially terminating a trust, the trustee shall proceed expeditiously to distribute the trust property to the persons entitled to it, subject to the right of the trustee to retain a reasonable reserve for the payment of debts, expenses, and taxes, and to secure a right of reimbursement if the reserve is inadequate. (c) A release by a beneficiary of a trustee from liability for breach of trust is invalid to the extent: (1) It was induced by improper conduct of the trustee; or (2) The beneficiary, at the time of the release, did not know of the beneficiary’s rights or of the material facts relating to the breach.  (Mar. 10, 2004, D.C. Law 15-104, § 2(b), 51 DCR 208.)  Editor's Notes Uniform Law: This section is based upon § 817 of the Uniform Trust Code.
DC Code § 19-1309.01 (2021)
2021 District of Columbia Code|Title 19 - Descent, Distribution, and Trusts. [Enacted title]|Chapter 13 - Uniform Trust Code|Subchapter IX - Uniform Prudent Investor Act|§ 19-1309.01. Prudent investor rule

(a) Except as provided in subsection (b) of this section, a trustee who invests and manages trust assets owes a duty to the beneficiaries of the trust to comply with the prudent investor rule as set forth in sections 19-1309.02 through 19-1309.09. (b) The prudent investor rule is a default rule that may be expanded, restricted, eliminated, or otherwise altered by provisions of the trust. A trustee is not liable to a beneficiary to the extent that the trustee acted in reasonable reliance on provisions of the trust.  (Mar. 10, 2004, D.C. Law 15-104, § 2(b), 51 DCR 208.)  Prior Codifications 2001 Ed., § 28-4701. 1981 Ed., § 28-4701. Editor's Notes Uniform Law: This section is based upon § 1 of the Uniform Prudent Investor Act.
DC Code § 19-1309.02 (2021)
2021 District of Columbia Code|Title 19 - Descent, Distribution, and Trusts. [Enacted title]|Chapter 13 - Uniform Trust Code|Subchapter IX - Uniform Prudent Investor Act|§ 19-1309.02. Standard of care; portfolio strategy; risk and return objectives

(a) A trustee shall invest and manage trust assets as a prudent investor would by considering the purposes, terms, distribution requirements, and other circumstances of the trust. In satisfying this standard, the trustee shall exercise reasonable care, skill, and caution. (b) A trustee’s investment and management decisions respecting individual assets must be evaluated not in isolation, but in the context of the trust portfolio as a whole and as a part of an overall investment strategy having risk and return objectives reasonably suited to the trust. (c) Among the circumstances relevant to the trust or its beneficiaries that a trustee shall consider in investing and managing the trust assets are the following: (1) General economic conditions; (2) The possible effect of inflation or deflation; (3) The expected tax consequences of investment decisions or strategies; (4) The role that each investment or course of action plays within the overall trust portfolio, which may include financial assets, interests in closely held enterprises, tangible and intangible personal property, and real property; (5) The expected total return from income and the appreciation of capital; (6) Other resources of the beneficiaries; (7) Needs for liquidity, for regularity of income, and for preservation or appreciation of capital; and (8) An asset’s special relationship or special value, if any, to the purposes of the trust or to one or more of the beneficiaries. (d) A trustee shall take reasonable steps to verify facts relevant to the investment and management of trust assets. (e) Subject to the standards of this subchapter, a trustee may invest in any kind of property or type of investment.  (Mar. 10, 2004, D.C. Law 15-104, § 2(b), 51 DCR 208.)  Prior Codifications 2001 Ed., § 28-4702. 1981 Ed., § 28-4702. Section References This section is referenced in § 19-1309.01. Editor's Notes Uniform Law: This section is based upon § 2 of the Uniform Prudent Investor Act.