Title 28, Commercial Instruments and Transactions. [Enacted title]

A trustee shall make the following disbursements from income to the extent that they are not disbursements to which § 28-4802.01(2)(B) or (C) applies: (1) One-half of the regular compensation of the trustee and of any person providing investment advisory or custodial services to …

(a) A trustee shall make the following disbursements from principal: (1) The remaining one-half of the disbursements described in § 28-4805.01(1) and (2); (2) All of the trustee’s compensation calculated on principal as a fee for acceptance, distribution, or termination, and disb…

(a) For the purposes of this section, the term “depreciation” means a reduction in value due to wear, tear, decay, corrosion, or gradual obsolescence of a fixed asset having a useful life of more than one year. (b) A trustee may transfer to principal a reasonable amount of the ne…

(a) If a trustee makes or expects to make a principal disbursement described in this section, the trustee may transfer an appropriate amount from income to principal in one or more accounting periods to reimburse principal or to provide a reserve for future principal disbursement…

(a) A tax required to be paid by a trustee based on receipts allocated to income shall be paid from income. (b) A tax required to be paid by a trustee based on receipts allocated to principal shall be paid from principal, even if the tax is called an income tax by the taxing auth…

(a) A fiduciary may make adjustments between principal and income to offset the shifting of economic interests or tax benefits between income beneficiaries and remainder beneficiaries which arise from: (1) Elections and decisions, other than those described in subsection (b) of t…

In applying and construing this chapter, consideration must be given to the need to promote uniformity of the law with respect to its subject matter among the states that enact it.

This chapter applies to every trust or decedent’s estate existing on the effective date of this chapter [April 27, 2001] except as otherwise expressly provided in the will or terms of the trust or in this chapter.

Section 28-4804.09 applies to a trust described in § 28-4804.09(d) on and after the following dates: (1) If the trust is not funded as of [July 23, 2010], the date of the decedent’s death; (2) If the trust is initially funded in the calendar year beginning January 1, 2010, the da…

For the purposes of this chapter, the term: (1) “Agreement” means the bargain of the parties in fact, as found in their language or inferred from other circumstances and from rules, regulations, and procedures given the effect of agreements under laws otherwise applicable to a pa…

(a) Except as otherwise provided in subsection (b) of this section, this chapter applies to electronic records and electronic signatures relating to a transaction. (b) This chapter does not apply to a transaction to the extent it is governed by: (1) A law governing the creation a…

This chapter applies to any electronic record or electronic signature created, generated, sent, communicated, received, or stored on or after [October 3, 2001].

(a) This chapter does not require a record or signature to be created, generated, sent, communicated, received, stored, or otherwise processed or used by electronic means or in electronic form. (b) This chapter applies only to transactions between parties each of which has agreed…

This chapter must be construed and applied: (1) To facilitate electronic transactions consistent with other applicable law; (2) To be consistent with reasonable practices concerning electronic transactions and with the continued expansion of those practices; and (3) To effectuate…

(a) A record or signature may not be denied legal effect or enforceability solely because it is in electronic form. (b) A contract may not be denied legal effect or enforceability solely because an electronic record was used in its formation. (c) If a law requires a record to be …

(a) If parties have agreed to conduct a transaction by electronic means and a law requires a person to provide, send, or deliver information in writing to another person, the requirement is satisfied if the information is provided, sent, or delivered, as the case may be, in an el…

(a) An electronic record or electronic signature is attributable to a person if it was the act of the person. The act of the person may be shown in any manner, including a showing of the efficacy of any security procedure applied to determine the person to which the electronic re…

If a change or error in an electronic record occurs in a transmission between parties to a transaction, the following rules apply: (1) If the parties have agreed to use a security procedure to detect changes or errors and one party has conformed to the procedure, but the other pa…

If a law requires a signature or record to be notarized, acknowledged, verified, or made under oath, the requirement is satisfied if the electronic signature of the person authorized to perform those acts, together with all other information required to be included by other appli…

(a) If a law requires that a record be retained, the requirement is satisfied by retaining an electronic record of the information in the record which: (1) Accurately reflects the information set forth in the record after it was first generated in its final form as an electronic …

In a proceeding, evidence of a record or signature may not be excluded solely because it is in electronic form.

In an automated transaction, the following rules apply: (1) A contract may be formed by the interaction of electronic agents of the parties, even if no individual was aware of or reviewed the electronic agents’ actions or the resulting terms and agreements. (2) A contract may be …

(a) Unless otherwise agreed between the sender and the recipient, an electronic record is sent when it: (1) Is addressed properly or otherwise directed properly to an information processing system that the recipient has designated or uses for the purpose of receiving electronic r…

(a) In this section, “transferable record” means an electronic record that: (1) Would be a note under Article 3 of Subtitle I of this title or a document under Article 7 of Subtitle I of this title if the electronic record were in writing; and (2) The issuer of the electronic rec…

The Mayor shall determine whether, and the extent to which, a governmental agency will create electronic records and convert written records to electronic records. The retention of electronic records shall conform to the requirements and practices established under Chapter 17 of …

(a) Except as otherwise provided in § 28-4911(f), the Mayor shall determine whether, and the extent to which, a governmental agency will send and accept electronic records and electronic signatures to and from other persons and otherwise create, generate, communicate, store, proc…

The Mayor, in adopting standards pursuant to § 28-4917, may encourage and promote consistency and interoperability with similar requirements adopted by other governmental agencies of this and other states and the federal government and nongovernmental persons interacting with gov…

For the purposes of this chapter, the term: (1) “Assist in the transmission” means actions taken by a person to procure, enable, finance, or otherwise actively support the transmission of a commercial electronic mail message by another person, if the person or entity providing th…

(a) A person or entity shall not: (1) Transmit, or assist in the transmission of, a commercial electronic mail message that: (A) Falsely identifies electronic mail transmission information, including header information, or other routing information; or (B) Contains false or misle…

(a)(1) Any person or entity who receives an electronic mail message that violates a provision of this chapter, whose equipment is used in the transmission or receipt of such a message, or whose property or person is otherwise injured by reason of a violation of a provision of thi…

For the purposes of this chapter, the term: (1) “Art dealer” means a person engaged in the business of selling works of fine art other than a person exclusively engaged in the business of selling goods at public auction. (2) “Artist” means the creator of a work of fine art. (3) “…

If an art dealer accepts a work of fine art, on a fee, commission, or other compensation basis, on consignment from the artist who created the work of fine art: (1) The art dealer shall be, with respect to that work of fine art, the agent of the artist; (2) A trust shall be creat…

(a) If a work of fine art is trust property under § 28-5102 when initially received by the art dealer, it shall remain trust property, notwithstanding the subsequent purchase of the work of fine art by the art dealer, directly or indirectly, for the art dealer’s own account until…

Property which is trust property under §§ 28-5102 and 28-5103 shall not be subject to the claims, liens, or security interests of the creditors of the art dealer. The provisions of this section shall be given effect over any contrary provision of the Uniform Commercial Code.

(a) An art dealer may accept a work of fine art on a fee, commission, or other compensation basis, on consignment from the artist who created the work of fine art only if, prior to or at the time of acceptance, the art dealer enters into a written contract with the artist establi…

(a) An art dealer who accepts a work of fine art, on a fee, commission, or other compensation basis, on consignment from the artist who created the work of fine art may use or display the work of fine art or a photograph of the work of fine art or permit the use or display of the…

Any portion of an agreement which waives any provision of this chapter shall be void.

An art dealer who violates § 28-5105 or § 28-5106 shall be liable to the artist in an amount equal to the actual damages, if any, including the incidental and consequential damages, sustained by the artist by reason of the violation, plus reasonable attorneys’ fees.

This chapter may be cited as the “Unit Pricing Requirement Act of 2012”.

For the purposes of this chapter, the term: (1) “Combination packages” shall mean a package intended for retail sale, containing 2 or more individual packages or units of dissimilar commodities. (2) “Commodity” shall mean any food, drug, cosmetic, or other article, product, or co…

Except for random and uniform weight packages that clearly state the unit, each person who sells, offers, or displays for sale a consumer commodity at retail shall provide the unit price information in the manner prescribed in this chapter.

The declaration of the unit price of a particular commodity in all package sizes offered for sale in a retail establishment shall be uniformly and consistently expressed in terms of: (1) Price per kilogram or 100 grams, or price per pound or ounce, if the net quantity of contents…

This chapter does not apply to: (1) Prepackaged food that contains separately identifiable items that are separated by physical division within the package; (2) Any item sold only by prescription; (3) Any item subject to the packaging or labeling requirements of the federal Burea…

(a) The unit price shall be to the nearest cent when a dollar or more. If the unit price is under a dollar, it shall be listed: (1) To the tenth of a cent; or (2) To the whole cent. (b) The retail establishment shall have the option of listing the unit price as outlined in subsec…

(a) In any retail establishment in which the unit price information is provided in accordance with the provisions of this chapter, that information may be displayed by means of a sign that offers the unit price for one or more brands or sizes of a given commodity by means of a st…

(a) If different brands or package sizes of the same consumer commodity are expressed in more than one unit of measure, the retail establishment shall unit price the items consistently. (b) When metric units appear on the consumer commodity in addition to other units of measure, …