Va. Code § 64.2-798

Current with changes from the 2024 legislative session through ch. 845

Section 64.2-798 - Event affecting administration or distribution

If the happening of an event, including marriage, divorce, performance of educational requirements, or death, affects the administration or distribution of a trust, a trustee who has exercised reasonable care to ascertain the happening of the event is not liable for a loss resulting from the trustee's lack of knowledge.

Va. Code § 64.2-798

2005, c. 935, § 55-550.07; 2012, c. 614.

Amended by Acts 2012, c. 614.

Amended by Acts 2005, c. 935, § 55-550.07.