Va. Code § 64.2-779.38

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

Section 64.2-779.38 - Office of trust director

Unless the terms of a trust provide otherwise, the rules applicable to a trustee apply to a trust director regarding the following matters:

1. Acceptance under § 64.2-754;

2. Giving of bond to secure performance under § 64.2-755;

3. Reasonable compensation under § 64.2-761;

4. Resignation under § 64.2-758;

5. Removal under § 64.2-759; and

6. Vacancy and appointment of successor under § 64.2-757.

Va. Code § 64.2-779.38

2020, c. 768.

Added by Acts 2020 c. 768, § 1, eff. 7/1/2020.