Va. Code § 64.2-779.33: Duty to provide information to trust director or trustee
Where this section sits in the code
- Title 64.2. Wills, Trusts, and Fiduciaries
- Subtitle III. Trusts
- Chapter 7. Uniform Trust Code
- Article 8.2. Uniform Directed Trust Act
A. Subject to § 64.2-779.34, a trustee shall provide information to a trust director to the extent the information is reasonably related both to:1. The powers or duties of the trustee; and2. The powers or duties of the trust director.B. Subject to § 64.2-779.34, a trust director shall provide information to a trustee or another trust director to the extent the information is reasonably related both to:1. The powers or duties of the trust director; and2. The powers or duties of the trustee or other trust director.C. A trustee that acts in reliance on information provided by a trust director is not liable for a breach of trust to the extent the breach resulted from the reliance, unless by so acting the trustee engages in willful misconduct.D. A trust director that acts in reliance on information provided by a trustee or another trust director is not liable for a breach of trust to the extent the breach resulted from the reliance, unless by so acting the trust director engages in willful misconduct.2020, c. 768.
Collected 2026-09-04T15:18:14Z. Source file · JSON