Code of Virginia § 64.2-786. Investment costs.
43 words·~1 min read·
/va/title-64-2/chapter-7/64-2-786A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In investing and managing trust assets, a trustee may only incur costs that are appropriate and reasonable in relation to the assets, the purposes of the trust, and the skills of the trustee.
1999, c. 772 , § 26-45.8; 2012, c. 614 .