                                 CODE OF VIRGINIA

ACCOUNTS HELD BY VARIOUS TRUSTEES FOR SAME BENEFICIARY (§ 6.2-1178)

Whenever trust interests or accounts are created for the same beneficiary, and
each interest or account is in the name of a separate and distinct trustee or
combination of trustees, each trust interest or account shall constitute a
separate, distinct, and valid trust entity for all purposes.

HISTORY: Code 1950, § 6-201.22:1; 1966, cc. 219, 584, § 6.1-149.1; 1972, c.
796, § 6.1-195.24; 1985, c. 425, § 6.1-194.61; 2010, c. 794.