District Of Columbia § 28-4805.02 - Disbursements from principal.
Full text of District Of Columbia D.C. Code § 28-4805.02 — Disbursements from principal., with citation guidance and answers to common questions.
§ 28-4805.02. Disbursements from principal.
28-4805.02A trustee shall make the following disbursements from principal:
The remaining one-half of the disbursements described in and (2);
All of the trustee’s compensation calculated on principal as a fee for acceptance, distribution, or termination, and disbursements made to prepare property for sale;
Payments on the principal of a trust debt;
Expenses of a proceeding that concerns primarily principal, including a proceeding to construe the trust or to protect the trust or its property;
Premiums paid on a policy of insurance not described in of which the trust is the owner and beneficiary;
Estate, inheritance, and other transfer taxes, including penalties, apportioned to the trust; and
Disbursements related to environmental matters, including reclamation, assessing environmental conditions, remedying and removing environmental contamination, monitoring remedial activities and the release of substances, preventing future releases of substances, collecting amounts from persons liable or potentially liable for the costs of those activities, penalties imposed under environmental laws or regulations and other payments made to comply with those laws or regulations, statutory or common law claims by third parties, and defending claims based on environmental matters.
If a principal asset is encumbered with an obligation that requires income from that asset to be paid directly to the creditor, the trustee shall transfer from principal to income an amount equal to the income paid to the creditor in reduction of the principal balance of the obligation.
Annotations
Source: official District Of Columbia text · Last verified 2026-08-27
Frequently Asked Questions About District Of Columbia § 28-4805.02
What does D.C. Code § 28-4805.02 cover?
Section 28-4805.02 ("Disbursements from principal.") 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 § 28-4805.02?
A common citation format is "D.C. Code § 28-4805.02" (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 § 28-4805.02 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.