{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/64.2-1915.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/64.2-1915.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/64.2-1915.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/64.2-1915.html"}],"law_id":64823,"edition_id":1,"section_id":64823,"structure_id":14685,"section_number":"64.2-1915","catch_line":"Exemption of third person from liability","history":"1988, c. 516, \u00a7 31-52; 2012, c. 614.","full_text":"A third person may act in good faith and without court order on the instruction of or otherwise deal with any person purporting to make a transfer or purporting to act in the capacity of a custodian and, in the absence of knowledge, is not responsible for determining (i) the validity of the purported custodian’s designation, (ii) the propriety of, or the authority under this chapter for, any act of the purported custodian, (iii) the validity or propriety under this chapter of any instrument or instructions executed or given either by the person purporting to make a transfer or by the purported custodian, or (iv) the propriety of the application of any property of the minor delivered to the purported custodian.","order_by":null,"text":{"0":{"id":235920,"text":"A third person may act in good faith and without court order on the instruction of or otherwise deal with any person purporting to make a transfer or purporting to act in the capacity of a custodian and, in the absence of knowledge, is not responsible for determining (i) the validity of the purported custodian’s designation, (ii) the propriety of, or the authority under this chapter for, any act of the purported custodian, (iii) the validity or propriety under this chapter of any instrument or instructions executed or given either by the person purporting to make a transfer or by the purported custodian, or (iv) the propriety of the application of any property of the minor delivered to the purported custodian.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":14685,"edition_id":1,"name":"Virginia Uniform Transfers to Minors Act","identifier":"19","label":"chapter","depth":4,"order_by":1,"parent_id":13807,"metadata":{},"date_created":"2026-06-26 03:49:21","date_modified":"2026-06-26 03:49:21","permalink":{"id":275399,"object_type":"structure","relational_id":14685,"identifier":"19","token":"64.2\/IV\/C\/19","url":"\/64.2\/IV\/C\/19\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13807,"edition_id":1,"name":"Guardianship of Minor","identifier":"C","label":"part","depth":3,"order_by":1,"parent_id":12905,"metadata":{},"date_created":"2026-06-26 03:45:56","date_modified":"2026-06-26 03:45:56","permalink":{"id":275337,"object_type":"structure","relational_id":13807,"identifier":"C","token":"64.2\/IV\/C","url":"\/64.2\/IV\/C\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12905,"edition_id":1,"name":"Fiduciaries and Guardians","identifier":"IV","label":"subtitle","depth":2,"order_by":1,"parent_id":12723,"metadata":{},"date_created":"2026-06-26 03:44:00","date_modified":"2026-06-26 03:44:00","permalink":{"id":274813,"object_type":"structure","relational_id":12905,"identifier":"IV","token":"64.2\/IV","url":"\/64.2\/IV\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12723,"edition_id":1,"name":"Wills, Trusts, and Fiduciaries","identifier":"64.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:50","date_modified":"2026-06-26 03:43:50","permalink":{"id":272781,"object_type":"structure","relational_id":12723,"identifier":"64.2","token":"64.2","url":"\/64.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":65466,"structure_id":14685,"section_number":"64.2-1900","catch_line":"Definitions","url":"\/64.2-1900\/","token":"64.2\/IV\/C\/19\/64.2-1900","metadata":false},{"id":60782,"structure_id":14685,"section_number":"64.2-1901","catch_line":"Scope and jurisdiction","url":"\/64.2-1901\/","token":"64.2\/IV\/C\/19\/64.2-1901","metadata":false},{"id":74303,"structure_id":14685,"section_number":"64.2-1902","catch_line":"Nomination of custodian","url":"\/64.2-1902\/","token":"64.2\/IV\/C\/19\/64.2-1902","metadata":false},{"id":77870,"structure_id":14685,"section_number":"64.2-1903","catch_line":"Transfer by gift or exercise of power of appointment","url":"\/64.2-1903\/","token":"64.2\/IV\/C\/19\/64.2-1903","metadata":false},{"id":79169,"structure_id":14685,"section_number":"64.2-1904","catch_line":"Transfer authorized by will or trust","url":"\/64.2-1904\/","token":"64.2\/IV\/C\/19\/64.2-1904","metadata":false},{"id":79226,"structure_id":14685,"section_number":"64.2-1905","catch_line":"Other transfer by fiduciary","url":"\/64.2-1905\/","token":"64.2\/IV\/C\/19\/64.2-1905","metadata":false},{"id":61196,"structure_id":14685,"section_number":"64.2-1906","catch_line":"Transfer by obligor","url":"\/64.2-1906\/","token":"64.2\/IV\/C\/19\/64.2-1906","metadata":false},{"id":83598,"structure_id":14685,"section_number":"64.2-1907","catch_line":"Receipt for custodial property","url":"\/64.2-1907\/","token":"64.2\/IV\/C\/19\/64.2-1907","metadata":false},{"id":82555,"structure_id":14685,"section_number":"64.2-1908","catch_line":"Manner of creating custodial property and effecting transfer; designation of initial custodian; control","url":"\/64.2-1908\/","token":"64.2\/IV\/C\/19\/64.2-1908","metadata":false},{"id":62208,"structure_id":14685,"section_number":"64.2-1909","catch_line":"Single and joint custodians","url":"\/64.2-1909\/","token":"64.2\/IV\/C\/19\/64.2-1909","metadata":false},{"id":78444,"structure_id":14685,"section_number":"64.2-1910","catch_line":"Validity and effect of transfer","url":"\/64.2-1910\/","token":"64.2\/IV\/C\/19\/64.2-1910","metadata":false},{"id":56318,"structure_id":14685,"section_number":"64.2-1911","catch_line":"Care of custodial property; duties of custodian","url":"\/64.2-1911\/","token":"64.2\/IV\/C\/19\/64.2-1911","metadata":false},{"id":83168,"structure_id":14685,"section_number":"64.2-1912","catch_line":"Powers of custodian","url":"\/64.2-1912\/","token":"64.2\/IV\/C\/19\/64.2-1912","metadata":false},{"id":60473,"structure_id":14685,"section_number":"64.2-1913","catch_line":"Use of custodial property","url":"\/64.2-1913\/","token":"64.2\/IV\/C\/19\/64.2-1913","metadata":false},{"id":78698,"structure_id":14685,"section_number":"64.2-1914","catch_line":"Custodian's expenses, compensation, and bond","url":"\/64.2-1914\/","token":"64.2\/IV\/C\/19\/64.2-1914","metadata":false},{"id":64823,"structure_id":14685,"section_number":"64.2-1915","catch_line":"Exemption of third person from liability","url":"\/64.2-1915\/","token":"64.2\/IV\/C\/19\/64.2-1915","metadata":false},{"id":59272,"structure_id":14685,"section_number":"64.2-1916","catch_line":"Liability to third persons","url":"\/64.2-1916\/","token":"64.2\/IV\/C\/19\/64.2-1916","metadata":false},{"id":69800,"structure_id":14685,"section_number":"64.2-1917","catch_line":"Renunciation, resignation, death, or removal of custodian; designation of successor custodian","url":"\/64.2-1917\/","token":"64.2\/IV\/C\/19\/64.2-1917","metadata":false},{"id":65755,"structure_id":14685,"section_number":"64.2-1918","catch_line":"Accounting by and determination of liability of custodian","url":"\/64.2-1918\/","token":"64.2\/IV\/C\/19\/64.2-1918","metadata":false},{"id":70368,"structure_id":14685,"section_number":"64.2-1919","catch_line":"Termination of custodianship","url":"\/64.2-1919\/","token":"64.2\/IV\/C\/19\/64.2-1919","metadata":false},{"id":62696,"structure_id":14685,"section_number":"64.2-1920","catch_line":"Applicability","url":"\/64.2-1920\/","token":"64.2\/IV\/C\/19\/64.2-1920","metadata":false},{"id":70217,"structure_id":14685,"section_number":"64.2-1921","catch_line":"Effect on existing custodianships","url":"\/64.2-1921\/","token":"64.2\/IV\/C\/19\/64.2-1921","metadata":false},{"id":58715,"structure_id":14685,"section_number":"64.2-1922","catch_line":"Uniformity of application and construction","url":"\/64.2-1922\/","token":"64.2\/IV\/C\/19\/64.2-1922","metadata":false}],"previous_section":{"id":78698,"structure_id":14685,"section_number":"64.2-1914","catch_line":"Custodian's expenses, compensation, and bond","url":"\/64.2-1914\/","token":"64.2\/IV\/C\/19\/64.2-1914","metadata":false},"next_section":{"id":59272,"structure_id":14685,"section_number":"64.2-1916","catch_line":"Liability to third persons","url":"\/64.2-1916\/","token":"64.2\/IV\/C\/19\/64.2-1916","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/64.2-1915\/","history_text":"

This law was first created in 1988. The record of its establishment is cataloged in chapter 516 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1988 \u201cActs\u201d aren\u2019t available online. It has been modified 1 time. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. That modification is as follows: in 2012, chapter 614<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":275461,"object_type":"law","relational_id":64823,"identifier":"64.2-1915","token":"64.2\/IV\/C\/19\/64.2-1915","url":"\/64.2-1915\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/64.2-1915\/","token":"64.2\/IV\/C\/19\/64.2-1915","dublin_core":{"Title":"Exemption of third person from liability","Type":"Text","Format":"text\/html","Identifier":"\u00a7 64.2-1915","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A third person<\/span> may act in good faith and without court order<\/span> on the instruction of or otherwise deal with any person<\/span> purporting to make a transfer<\/span> or purporting to act in the capacity of a custodian<\/span> and, in the absence of knowledge, is not responsible for determining (i) the validity of the purported custodian<\/span>’s designation, (ii) the propriety of, or the authority under this chapter for, any act of the purported custodian<\/span>, (iii) the validity or propriety under this chapter of any instrument or instructions executed or given either by the person<\/span> purporting to make a transfer<\/span> or by the purported custodian<\/span>, or (iv) the propriety of the application of any property of the minor<\/span> delivered to the purported custodian<\/span>.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nEXEMPTION OF THIRD PERSON FROM LIABILITY (\u00a7 64.2-1915)\n\nA third person may act in good faith and without court order on the instruction\nof or otherwise deal with any person purporting to make a transfer or purporting\nto act in the capacity of a custodian and, in the absence of knowledge, is not\nresponsible for determining (i) the validity of the purported custodian’s\ndesignation, (ii) the propriety of, or the authority under this chapter for, any\nact of the purported custodian, (iii) the validity or propriety under this\nchapter of any instrument or instructions executed or given either by the person\npurporting to make a transfer or by the purported custodian, or (iv) the\npropriety of the application of any property of the minor delivered to the\npurported custodian.\n\nHISTORY: 1988, c. 516, \u00a7 31-52; 2012, c. 614.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}