District Of Columbia § 19-1106 - Multiple beneficiaries; separate custodial trusts; survivorship.
Full text of District Of Columbia D.C. Code § 19-1106 — Multiple beneficiaries; separate custodial trusts; survivorship., with citation guidance and answers to common questions.
§ 19-1106. Multiple beneficiaries; separate custodial trusts; survivorship.
19-1106Beneficial interests in a custodial trust created for multiple beneficiaries are deemed to be separate custodial trusts of equal undivided interests for each beneficiary. Except in a transfer or declaration for use and benefit of spouses or domestic partners, for whom survivorship is presumed, a right of survivorship does not exist unless the instrument creating the custodial trust specifically provides for survivorship.
Custodial trust property held under this chapter by the same custodial trustee for the use and benefit of the same beneficiary may be administered as a single custodial trust.
A custodial trustee of custodial trust property held for more than one beneficiary shall separately account to each beneficiary pursuant to sections 19-1108 and 19-1115 for the administration of the custodial trust.
Annotations
Source: official District Of Columbia text · Last verified 2026-08-27
Frequently Asked Questions About District Of Columbia § 19-1106
What does D.C. Code § 19-1106 cover?
Section 19-1106 ("Multiple beneficiaries; separate custodial trusts; survivorship.") is part of the D.C. Code, the codified statutory law of District Of Columbia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite District Of Columbia § 19-1106?
A common citation format is "D.C. Code § 19-1106" (District Of Columbia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of District Of Columbia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the District Of Columbia official source linked on this page or consult a licensed District Of Columbia attorney.
How does District Of Columbia § 19-1106 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in District Of Columbia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in District Of Columbia.