Code of Virginia § 64.2-723. Charitable purposes; enforcement.
109 words·~1 min read·
/va/title-64-2/chapter-7/64-2-723A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A. A charitable trust may be created for the relief of poverty, the advancement of education or religion, the promotion of health, governmental or municipal purposes, or other purposes the achievement of which is beneficial to the community.
B. If the terms of a charitable trust do not indicate a particular charitable purpose or beneficiary, the court may select one or more charitable purposes or beneficiaries. The selection shall be consistent with the settlor's intention to the extent it can be ascertained.
C. The settlor of a charitable trust, among others, may maintain a proceeding to enforce the trust.
2005, c. 935 , § 55-544.05; 2012, c. 614 .