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§ 29-1206-12 — District of Columbia Law | CourtGPT
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  3. District of Columbia/
  4. Title 29 - Business Organizations. [Enacted Title]/
  5. Chapter 12 - Statutory Trustssub/
  6. Subchapter VI - Beneficial Owners§ 29–1206.01. Beneficial Interest/
  7. § 29-1206-12
District of Columbia Legal Code

§ 29-1206-12

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12. Pleading. In a derivative action to enforce a right of a statutory trust, the complaint shall state with particularity the: (1) Date and content of the plaintiff’s demand and the trustees’ response to the demand; or (2) Reason the demand should be excused as futile. (Mar. 5, 2013, D.C. Law 19-210, § 2(l)(7)(G), 59 DCR 13171.) Editor's Notes Application of Law 19-210: Section 7 of D.C. Law 19-210 provided that the act shall apply as of January 1, 2012.