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Code · Virginia · Title 64.2 · Chapter 7

Code of Virginia § 64.2-785. Loyalty and impartiality.

57 words·~1 min read·/va/title-64-2/chapter-7/64-2-785

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A. A trustee shall invest and manage the trust assets solely in the interest of the beneficiaries.
B. If a trust has two or more beneficiaries, the trustee shall act impartially in investing and managing the trust assets, taking into account any differing interests of the beneficiaries.
1999, c. 772 , § 26-45.7; 2012, c. 614 .
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