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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.

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.

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