Except as required by a statute other than this chapter, a trust need not be evidenced by a trust instrument, but the creation of an oral trust and its terms may be established only by clear and convincing evidence.

History

Mar. 10, 2004, D.C. Law 15-104, § 2(b), 51 DCR 208

Editor's Notes

Uniform Law: This section is based upon § 407 of the Uniform Trust Code.