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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>57841</law_id><section_number>64.2-780</section_number><catch_line>Definition of terms</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><referred_to_by><reference>2.2-4501</reference><reference>2.2-4519</reference><reference>57-39.22</reference><reference>64.2-105</reference><reference>64.2-1501</reference><reference>64.2-1502</reference><reference>64.2-1504</reference><reference>64.2-1505</reference><reference>64.2-1612</reference><reference>64.2-1911</reference><reference>64.2-763</reference><reference>64.2-764</reference><reference>64.2-906</reference></referred_to_by><structure><unit label="title" level="1" order_by="1" identifier="64.2">Wills, Trusts, and Fiduciaries</unit><unit label="subtitle" level="2" order_by="1" identifier="III">Trusts</unit><unit label="chapter" level="3" order_by="1" identifier="7">Uniform Trust Code</unit><unit label="article" level="4" order_by="1" identifier="9">Uniform Prudent Investor Act</unit></structure><text>
						<section><p>As used in this article:
		&#x201C;<span class="dictionary">Controlling document</span>&#x201D; means the <span class="dictionary">will</span>, agreement, <span class="dictionary">power of attorney</span>, <span class="dictionary">court order</span>, or other instrument creating the <span class="dictionary">fiduciary</span> powers.
		&#x201C;<span class="dictionary">Trust</span>&#x201D; includes the <span class="dictionary">assets</span> under the control or management of the <span class="dictionary">trustee</span>.
		&#x201C;<span class="dictionary">Trustee</span>&#x201D; includes any <span class="dictionary">fiduciary</span> as defined in &#xA7;&#xA0;<a class="law" title="General definitions for this title" href="/8.01-2/">8.01-2</a>, an <span class="dictionary">attorney-in-<span class="dictionary">fact</span></span> or agent acting for a principal under a written <span class="dictionary">power of attorney</span>, a custodian under &#xA7;&#xA0;<a class="law" title="Care of custodial property; duties of custodian" href="/64.2-1911/">64.2-1911</a>, and a custodial <span class="dictionary">trustee</span> under &#xA7;&#xA0;<a class="law" title="General duties of custodial trustee" href="/64.2-906/">64.2-906</a>.</p></section></text><history>1999, c. 772, &#xA7; 26-45.13; 2007, c. 517; 2012, c. 614.</history><metadata></metadata></law>
