District Of Columbia § 28-4804.08 - Insubstantial allocations not required.
Full text of District Of Columbia D.C. Code § 28-4804.08 — Insubstantial allocations not required., with citation guidance and answers to common questions.
§ 28-4804.08. Insubstantial allocations not required.
28-4804.08If a trustee determines that an allocation between principal and income required by , , , , or is insubstantial, the trustee may allocate the entire amount to principal unless one of the circumstances described in applies to the allocation. This power may be exercised by a cotrustee in the circumstances described in and may be released for the reasons and in the manner described in . An allocation is presumed to be insubstantial if:
The amount of the allocation would increase or decrease net income in an accounting period, as determined before the allocation, by less than 10 percent; or
The value of the asset producing the receipt for which the allocation would be made is less than 10 percent of the total value of the trust’s assets at the beginning of the accounting period.
Annotations
Source: official District Of Columbia text · Last verified 2026-08-27
Frequently Asked Questions About District Of Columbia § 28-4804.08
What does D.C. Code § 28-4804.08 cover?
Section 28-4804.08 ("Insubstantial allocations not required.") 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 § 28-4804.08?
A common citation format is "D.C. Code § 28-4804.08" (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 § 28-4804.08 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.