Code of Virginia - Title 26 Fiduciaries Generally - Section 26-1 How trustee required to give bond; when to be removed and another appointed

§ 26-1. How trustee required to give bond; when to be removed and another appointed

After reasonable notice to a trustee, whether appointed by will, deed or other writing, the circuit court of the county, or any court which would have jurisdiction in equity to administer the trust, or a judge thereof in vacation, may, on motion of any person interested, if it deem the same proper for the security of the trust estate, order such trustee to give bond with surety before such court, or before the clerk thereof, within a reasonable time and in a penalty to be prescribed by such court or judge, for the faithful execution of the trust, and may, if such order be not complied with, or whenever for any cause it appears proper, remove such trustee and appoint another in his place.

(Code 1919, § 6301.)

Sections:  26-1  26-1.1  26-1.2  26-2  26-3  26-4  26-5  26-5.1  26-5.2  26-6  26-7  26-7.1  26-7.2  26-7.3  26-7.4  Next

Last modified: April 3, 2009