{"data":{"id":"us-va/va.-code-64.2-803","jurisdiction":"us-va","citation":"Va. Code § 64.2-803","heading":"Protection of person dealing with trustee","body":"A. A person other than a beneficiary who in good faith assists a trustee, or who in good faith and for value deals with a trustee, without knowledge that the trustee is exceeding or improperly exercising the trustee's powers, is protected from liability as if the trustee properly exercised the power.B. A person other than a beneficiary who in good faith deals with a trustee is not required to inquire into the extent of the trustee's powers or the propriety of their exercise.C. A person who in good faith delivers assets to a trustee need not ensure their proper application.D. A person other than a beneficiary who in good faith assists a former trustee, or who in good faith and for value deals with a former trustee, without knowledge that the trusteeship has terminated is protected from liability as if the former trustee were still a trustee.E. Comparable protective provisions of other laws relating to commercial transactions or transfer of securities by fiduciaries prevail over the protection provided by this section.2005, c. 935, § 55-550.12; 2012, c. 614.","path":["Title 64.2. WILLS, TRUSTS, AND FIDUCIARIES","Subtitle III. TRUSTS","Chapter 7. UNIFORM TRUST CODE","Article 10. LIABILITY OF TRUSTEES AND RIGHTS OF PERSONS DEALING WITH TRUSTEE"],"source_url":"https://law.lis.virginia.gov/vacode/64.2-803/","current_through":"9/4/2026","vintage":"","retrieved_at":"2026-09-04T15:18:14Z","sha256":"ab9972d3d09a9165d333b9318d65b83346d0d8fab904fd072317fe0fdbcc4712","source_id":"us-va","stale":true,"prev":"us-va/va.-code-64.2-802","next":"us-va/va.-code-64.2-804"},"notice":"GroundRules: Original legal text. Not legal advice."}