District Of Columbia § 29-1208.05 - Other claims against dissolved statutory trust.

Full text of District Of Columbia D.C. Code § 29-1208.05 — Other claims against dissolved statutory trust., with citation guidance and answers to common questions.

§ 29-1208.05. Other claims against dissolved statutory trust.

29-1208.05
(a)

A dissolved statutory trust may publish notice of its dissolution and request persons having claims against the trust to present them in accordance with the notice.

(b)

A notice under subsection (a) of this section shall:

(1)

Be published at least once in a newspaper of general circulation in the District or, if it has no principal office in the District, in the city in which the trust’s principal office is or was last located;

(2)

Describe the information required for a claim;

(3)

Provide a mailing address to which the claim may be sent; and

(4)

State that a claim against the trust shall be barred unless an action to enforce the claim is commenced not later than 3 years after publication of the notice.

(c)

If a dissolved statutory trust publishes a notice in accordance with subsection (b) of this section, the claim of each of the following claimants is barred unless the claimant commences an action to enforce a claim against the trust not later than 3 years after the publication date of the notice:

(1)

A claimant that did not receive notice in a record under ;

(2)

A claimant whose claim was timely sent to the trust but was rejected or not acted on; and

(3)

A claimant whose claim is contingent at, or based on an event occurring after, the effective date of dissolution.

(d)

A claim not barred under this section or may be enforced against:

(1)

A dissolved statutory trust, to the extent of its undistributed property; and

(2)

A beneficial owner, except as provided in , if property of the trust has been distributed after dissolution, against a beneficial owner to the extent of that person’s proportionate share of the claim or property distributed to the beneficial owner after dissolution, whichever is less.

(e)

A person’s total liability for all claims under subsection (d)(2) of this section does not exceed the total amount of assets distributed to the person after dissolution.

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 § 805 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 § 29-1208.05

What does D.C. Code § 29-1208.05 cover?

Section 29-1208.05 ("Other 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 § 29-1208.05?

A common citation format is "D.C. Code § 29-1208.05" (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 § 29-1208.05 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.