§ 64.2-779.29 Powers of trust director
A. Subject to § 64.2-779.30, the terms of a trust may grant a power of direction to a trust director.
1. A trust director may exercise any further power appropriate to the exercise or nonexercise of a power of direction granted to the trust director under subsection A; and
2. Trust directors with joint powers must act by majority decision.
History
This law was first created in 2020. The record of its establishment is cataloged in chapter 768 of that year’s edition of “Acts of Assembly,” the annual state publication listing all changes made to the Code of Virginia in that year.
2020, c. 768.