§ 6.1-32.30:3. Operation and powers
Every private trust company shall have and shall conduct its business in accordance with an operating plan and in accordance with generally accepted fiduciary standards. A private trust company when engaging in a private trust business shall have the same rights, powers and privileges as set forth in § 6.1-17, including the power to act as executor under the last will and testament or administrator of the estate of any deceased family member.
(2003, c. 910.)
Sections: Previous 6.1-32.26 6.1-32.27 6.1-32.28 6.1-32.29 6.1-32.30 6.1-32.30:1 6.1-32.30:2 6.1-32.30:3 6.1-32.30:4 6.1-32.30:5 6.1-32.30:6 6.1-32.30:7 6.1-32.31 6.1-32.32 6.1-32.33 NextLast modified: April 16, 2009