Code of Virginia (Last Updated:July 28, 2020) |
TITLE 64.2. Wills, Trusts, and Fiduciaries |
SUBTITLE IV. Fiduciaries and Guardians |
PART A. Fiduciaries |
CHAPTER 14. Fiduciaries Generally |
ARTICLE 1. Appointment, Qualification, Resignation, and Removal of Fiduciaries |
SECTION 64.2-1400. Authority to qualify trustee; necessity for security; notice of qualification; qualification by less than all of trustees named |
SECTION 64.2-1401. Jurisdiction for qualification of testamentary trustee; qualification and bond; when surety not required |
SECTION 64.2-1402. Jurisdiction for qualification of certain testamentary trustees and trustees generally |
SECTION 64.2-1403. Qualification of trustees |
SECTION 64.2-1404. New fiduciary appointed when authority of former revoked |
SECTION 64.2-1405. Court may appoint trustee in place of one named in will, deed, or other writing; management by corporate trustee outside of the Commonwealth |
SECTION 64.2-1406. Notice required; certain substitutions validated |
SECTION 64.2-1407. Who to execute the trust until new trustee appointed |
SECTION 64.2-1408. Circuit court may exercise same powers in suit to enforce or administer trust |
SECTION 64.2-1409. Information to be provided to clerk by fiduciary |
SECTION 64.2-1410. When court may require new bond or revoke authority; giving new bond upon motion of fiduciary, surety, or other party in interest |
SECTION 64.2-1411. When fiduciary may qualify without security; requirements for issuance of certificates of qualification; payments |
SECTION 64.2-1412. How trustee required to give bond; when to be removed and another appointed |
SECTION 64.2-1413. Placing certain trust assets in designated financial institutions; waiver or reduction of bond of fiduciary |
SECTION 64.2-1414. Effect of orders of qualification of bank as committee or guardian |
SECTION 64.2-1415. Liability for losses by negligence or failure to make defense |
SECTION 64.2-1416. Liability of fiduciary for actions of cofiduciary |
SECTION 64.2-1417. How judgment may be entered against personal representative, conservator, or committee |
SECTION 64.2-1418. Court order for payments due from fiduciaries; effect |
SECTION 64.2-1419. Execution of fiduciary bond or appointment of agent designates clerk as attorney for service of process |
SECTION 64.2-1420. Clerk to mail notice, process, or rule to person served |
SECTION 64.2-1421. What judgment or decree based upon service upon clerk shall specifically adjudicate |
SECTION 64.2-1422. Environmental liability of fiduciaries |
SECTION 64.2-1423. Trustee not disqualified due to status as stockholder, employee, or officer of corporate noteholder; sale of property by trustee not voidable |
SECTION 64.2-1424. Resignation by fiduciary of his trust |
SECTION 64.2-1425. How securities transferred to successor |