Code of Virginia § 64.2-558. Distribution to persons standing in loco parentis to certain beneficiaries.
77 words·~1 min read·
/va/title-64-2/chapter-5/64-2-558A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Notwithstanding any provision of law to the contrary, a distribution to a person standing in loco parentis to an incapacitated person or an infant pursuant to authorization under subdivision B 17 of § 64.2-105 or a comparable provision in a will or trust instrument may be approved by the commissioner of accounts without regard to the amount or value of the fund or property.
1980, c. 507, § 64.1-180.1; 1997, c. 801 ; 2012, c. 614 .