Va. Code § 64.2-779.18

Current with changes from the 2024 legislative session through ch. 845
Section 64.2-779.18 - Need to distribute not required

An authorized fiduciary may exercise the decanting power whether or not under the first trust's discretionary distribution standard the fiduciary would have made or could have been compelled to make a discretionary distribution of income or principal at the time of the exercise.

Va. Code § 64.2-779.18

2017, c. 592.
Added by Acts 2017 c. 592, § 1, eff. 7/1/2017.