{"data":{"id":"us-va/va.-code-64.2-1044","jurisdiction":"us-va","citation":"Va. Code § 64.2-1044","heading":"Unitrust rate","body":"A. Except as otherwise provided in subdivision B 1 of § 64.2-1047, a unitrust rate may be:1. A fixed unitrust rate; or2. A unitrust rate that is determined for each period using:a. A market index or other published data; orb. A mathematical blend of market indices or other published data over a stated number of preceding periods.B. Except as otherwise provided in subdivision B 1 of § 64.2-1047, a unitrust policy may provide:1. A limit on how high the unitrust rate determined under subdivision A 2 may rise;2. A limit on how low the unitrust rate determined under subdivision A 2 may fall;3. A limit on how much the unitrust rate determined under subdivision A 2 may increase over the unitrust rate for the preceding period or a mathematical blend of unitrust rates over a stated number of preceding periods;4. A limit on how much the unitrust rate determined under subdivision A 2 may decrease below the unitrust rate for the preceding period or a mathematical blend of unitrust rates over a stated number of preceding periods; or5. A mathematical blend of any of the unitrust rates determined under subdivision A 2 and subdivisions B 1 through 4.2022, c. 354.","path":["Title 64.2. Wills, Trusts, and Fiduciaries","Subtitle III. Trusts","Chapter 10.1. Uniform Fiduciary Income And Principal Act","Article 3. Unitrust"],"source_url":"https://law.lis.virginia.gov/vacode/64.2-1044/","current_through":"9/4/2026","vintage":"","retrieved_at":"2026-09-04T15:18:14Z","sha256":"2008acf5e6d004eb5cf2821fff1c97989e6fdbc6de1081d4f5b3adfda1962737","source_id":"us-va","stale":true,"prev":"us-va/va.-code-64.2-1043","next":"us-va/va.-code-64.2-1045"},"notice":"GroundRules: Original legal text. Not legal advice."}