state_legiscan_backfill · DC
Uniform Fiduciary Income and Principal Act of 2025
December 2, 2025
Summary
If enacted, this bill would adopt the Uniform Fiduciary Income and Principal Act in the District of Columbia to standardize the allocation of receipts and disbursements between trust income and principal accounts. This legislation primarily impacts trust departments at banks, financial institutions, and fiduciaries managing trust assets.
AI-generated summary · May 20, 2026. Verify with your compliance counsel before acting.
How this was generated
We record the exact prompt, model, and output for every AI response so it can be audited for accuracy.
Source: https://lims.dccouncil.gov/Legislation/B26-0527
Common questions
- What does "Uniform Fiduciary Income and Principal Act of 2025" cover?
- If enacted, this bill would adopt the Uniform Fiduciary Income and Principal Act in the District of Columbia to standardize the allocation of receipts and…
- When was it published?
- It was published on December 2, 2025.