Code of Virginia - Title 26 Fiduciaries Generally - Section 26-1.1 Qualification of trustees

§ 26-1.1. Qualification of trustees

(a) No trustee appointed by deed or other writing in which a qualification is required by such deed or other writing, shall act thereunder until he shall have qualified as such before the court or clerk thereof having jurisdiction by giving bond and taking oath that he will perform the duties of his office. Such oath may be taken on behalf of a bank or trust company by its president or other officer.

(b) Any trustee appointed by deed or other writing in which qualification is not required by the terms thereof, may voluntarily so qualify; and, in every case where requested by any party in interest, the administration of the trust shall be in the same manner as if qualification had been required by the terms of the instrument creating it.

(c) For the purposes of this section, the phrase "deed or other writing" shall be construed as excluding a trustee appointed by a will.

(1968, c. 382.)

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Last modified: April 3, 2009