Va. Code § 64.2-779.3

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

Section 64.2-779.3 - Application; governing law

This article applies to a trust created before, on, or after July 1, 2017, that:

1. Has its principal place of administration in the Commonwealth, including a trust whose principal place of administration has been changed to the Commonwealth; or

2. Provides by its trust instrument that it is governed by the law of the Commonwealth or is governed by the law of the Commonwealth for the purpose of:

a. Administration, including administration of a trust whose governing law for purposes of administration has been changed to the law of the Commonwealth;

b. Construction of terms of the trust; or

c. Determining the meaning or effect of terms of the trust.

Va. Code § 64.2-779.3

2017, c. 592.

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