District Of Columbia § 29-1208.04 - Known claims against dissolved statutory trust.

Full text of District Of Columbia D.C. Code § 29-1208.04 — Known claims against dissolved statutory trust., with citation guidance and answers to common questions.

§ 29-1208.04. Known claims against dissolved statutory trust.

29-1208.04
(a)

Except as otherwise provided in subsection (c) of this section, a dissolved statutory trust may give notice of a known claim which has the effect provided in subsection (b) of this section. The trust may, in a record, notify its known claimants of the dissolution. The notice shall:

(1)

Specify the information required to be included in the claim;

(2)

Provide a mailing address to which the claim is to be sent;

(3)

State the deadline for receipt of the claim, which shall not be less than 120 days after the date the notice is sent to the claimant; and

(4)

State that the claim will be barred if not received by the deadline.

(b)

A claim against a dissolved statutory trust is barred if the requirements of subsection (a) of this section are met and:

(1)

The claim is not received by the specified deadline; or

(2)

If the claim is timely received but rejected by the trust:

(A)

The trust notifies the claimant in a record that the claim is rejected and will be barred unless the claimant commences an action against the trust to enforce the claim not later than the 90th day after the claimant receives the notice; and

(B)

The claimant does not commence the required action not later than the 90th day.

(c)

This section shall not apply to a claim based on:

(1)

An event occurring after the effective date of dissolution; or

(2)

A liability that on that date is contingent.

Annotations

Application of Law 19-210: Section 7 of provided that the act shall apply as of January 1, 2012.

Uniform Law: This section is based on § 804 of the Uniform Statutory Trust Entity Act.

Source: official District Of Columbia text · Last verified 2026-08-27

Frequently Asked Questions About District Of Columbia § 29-1208.04

What does D.C. Code § 29-1208.04 cover?

Section 29-1208.04 ("Known claims against dissolved statutory trust.") 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 § 29-1208.04?

A common citation format is "D.C. Code § 29-1208.04" (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 § 29-1208.04 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.