Section 64.2-779.1 - ScopeA. Except as otherwise provided in subsections B and C, this article applies to an express trust that is irrevocable or revocable by the settlor only with the consent of the trustee or a person holding an adverse interest.B. This article does not apply to a trust held solely for charitable purposes.C. Subject to § 64.2-779.12, a trust instrument may restrict or prohibit exercise of the decanting power.D. This article does not limit the power of a trustee, powerholder, or other person to distribute or appoint property in further trust or to modify a trust under the trust instrument, a law of the Commonwealth other than this article, common law, a court order, or a nonjudicial settlement agreement.E. This article does not affect the ability of a settlor to provide in a trust instrument for the distribution of the trust property or appointment in further trust of the trust property or for modification of the trust instrument.Added by Acts 2017 c. 592, § 1, eff. 7/1/2017.