Code of Virginia (Last Updated:July 28, 2020) |
TITLE 64.2. Wills, Trusts, and Fiduciaries |
SUBTITLE III. Trusts |
CHAPTER 7. Uniform Trust Code |
ARTICLE 8.2. Uniform Directed Trust Act |
SECTION 64.2-779.26. Definitions |
As used in this article, unless the context requires a different meaning: "Breach of trust" includes a violation by a trust director or trustee of a duty imposed on that trust director or trustee by the terms of the trust, this article, or law of the Commonwealth other than this article pertaining to trusts. "Directed trust" means a trust for which the terms of the trust grant a power of direction. 2020, c. 768 . |